News: Facebook says ownership contract is forged

After Facebook lawyers announced last week that they were unsure whether the social networking website’s 26 year old CEO Mark Zuckerberg signed a controversial ownership contract with a disgruntled New York web developer in 2003, the company has come forward with more information.

In a statement released over the weekend Facebook lawyers announced that it believes the contract is forged and will hold no water in a civil court case.

"Mark has made it clear that Ceglia's claims are absurd and we strongly suspect the contract is forged," said a statement on CNET.

"However, we have not seen the original. Thus, we're focusing on the things that are not open to interpretation and are indisputable--Mark could not have given interest in a company that didn't exist or an idea he had not thought of yet and, even if he could, the statute of limitations has expired."

In addition to this it recently surfaced that Ceglia has yet to produce the original document.

Last we we reported that one Paul D. Ceglia recently filed a suit in the United States Supreme court to have a 2003 contract between Zuckerberg and himself validated.

Ceglia claimed that the contract was signed for work performed on an early version of the website and stated that he would recieve a $1 000 fee and a 50% stake in the company. It also stated that Ceglia would receive an additional 1% interest in the site for every day until it was completed after Jan 1, 2004.

Facebook says ownership contract is forged

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