Twins drop Facebook lawsuit
San Francisco - The Harvard University classmates of Facebook co-founder Mark Zuckerberg are ending the legal battle made famous by the Oscar-wining movie The Social Network.
In a one-paragraph court filing on Wednesday, Cameron and Tyler Winklevoss (played by Armie Hammer and Josh Spence in the movie) said they would accept a settlement that was worth $65m when agreed upon with Zuckerberg (played by Jesse Eisenberg) in 2008.
The twins had sought to undo the settlement of $20m cash and $45m in stock.
The 9th US Circuit Court of Appeals ruled against the twins, saying they had been represented by a squadron of Silicon Valley lawyers and their father, a noted business professor.
The twins said on Wednesday they would forgo a trip to the US Supreme Court.
Their stock is now worth more than $100m.