Man Sues Facebook, Claiming to Own an 84% Stake in the Company

[image error]Facebook is currently embroiled in a legal battle with Wellsville, NY resident Paul D. Ceglia after he sued the social networking company, claiming to have a whopping 84% stake dating back to 2003.

Ceglia says he entered into a contract with Facebook founder Mark Zuckerberg in 2003 to build the site, and that in that contract he was promised $1,000 and a 50% stake in the company. He says the contract included a clause that entitled him to a further 1% of the company per day until the site...