Winklevoss Twins Drop Fight Over $65M Facebook Deal

Law360, New York (June 22, 2011, 7:31 PM EDT) -- The founders of ConnectU Inc. told the Ninth Circuit on Wednesday that they would not ask the U.S. Supreme Court to review a decision upholding a 2008 settlement with Facebook founder Mark Zuckerberg for a reported $65 million in cash and stock.

Cameron and Tyler Winklevoss and Divya Narendra filed a three-page notice with the appeals court indicating that they would not petition the Supreme Court to review the case but did not indicate why they were dropping the fight.

“We've considered the case closed for...
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