IE 11 is not supported. For an optimal experience visit our site on another browser.

Winklevoss twins lose in court (again)

 The Winklevoss twins (who you may remember were both played by Armie Hammer... wait, seriously, his name is actually Armie Hammer? Yes, that's really correct!
Cameron and Tyler Winklevoss
Cameron and Tyler Winklevoss

 

The Winklevoss twins (who you may remember were both played by Armie Hammer... wait, seriously, his name is actually Armie Hammer? Yes, that's really correct! That has to be a stage name... anyway, the dudes who were played by Armie Hammer in the David Fincher-directed film, The Social Network) were told today by an 11-judge U.S. Circuit Court of Appeals panel that their attempt to undo a 2008 settlement with Facebook founder Mark Zuckerberg is not going any further.

And yes, this is the same lawsuit that the characters Cameron and Tyler Winklevoss (with that name they should really be Bond villains) filed in The Social Network. If you're unfamiliar with their argument, the twins claim that Zuckerberg stole the idea for Facebook from them.

Last month a different panel of judges rejected their bid to re-open that 2008 settlement. The Winklevoss twins contend that an error was made in last month's decision and are accusing Facebook of misrepresenting what it was worth when they received their settlement. Translation: they want more money. And that's why they wanted this 11-judge panel to overturn that decision.

But it's really hard to feel too sorry for the twins. The settlement they agreed to was worth $65 million at the time of the transaction. And as the New York Times points out, because of Facebook's continued success that settlement package is now worth about $200 million.

Facebook spokesman Andrew Noyes told Bloomberg News today in an e-mail statement that his company is unsurprisingly pleased with the decision.