Wednesday 26 July 2017

Man who claims he owns half of Facebook ordered to return to US from Ireland

A MAN who has been staying in Ireland while his lawsuit claiming half-ownership of Facebook, worth an estimated €17.5bn, is argued has been told to come home to the United States.

A federal judge ordered Paul Ceglia to return to New York State where he lives to search for a missing flash drive that Facebook lawyers believe contains important evidence.

The man claims he has emails and a 2003 contract with Facebook founder Mark Zuckerberg that entitle him to 50pc ownership of the social network that is worth an estimated €35bn.

California-based Facebook says the claim is baseless, built on a doctored contract and made-up emails.

Mr Zuckerberg's lawyers believe the missing drive will help disprove Mr Ceglia's case.

Mr Ceglia says his experts concluded the contract is authentic.

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