ConnectU's Bid For Facebook Stock Info Falls Flat

Law360, New York (March 17, 2010, 7:38 PM EDT) -- A judge has rejected ConnectU Inc.'s attempt to force privately owned Facebook Inc. to follow a subpoena issued by an arbitration panel and fork over information about the value of its stock, marking the latest development in ConnectU's battle with the social networking giant over what it claims is stolen intellectual property.

Judge Richard B. Lowe III denied motions from the petitioners — including ConnectU and its founders Tyler and Cameron Winklevoss and Divya Narendra — to compel Facebook, software giant Microsoft Corp. and financial adviser...
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