Business12.04.2011

Man wants 50% of Facebook

In a federal court complaint against Zuckerberg last year, Paul Ceglia sought 84 percent of Facebook. He cited a contract he says he and Zuckerberg signed in 2003 that gave him half the business, plus more if it launched late.

A revised complaint dated Monday amends the claim to 50 percent and indicates that Ceglia agreed to waive the late-penalty clause before the site launched in 2004.

The Buffalo federal court lawsuit says Ceglia gave Zuckerberg $1,000 to help Zuckerberg get Facebook off the ground.

Facebook attorney Orin Snyder calls Ceglia a scam artist. In July, another Facebook attorney said Zuckerberg and Ceglia worked together on another website, but not Facebook.

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