Tech and legalities: Arrest for Facebook plaintiff plus IPO fallout; Apple’s ‘chalkboard’ punishment

Oh, the legalities:

• Was it a case of everyone else was doing it? Paul Ceglia, the New York man who claimed Facebook CEO Mark Zuckerberg long ago signed a contract that entitled him to at least half of what is now the world’s largest social company, has reportedly been arrested for lawsuit fraud. In case you missed it, Facebook’s controversial beginnings have sparked a lawsuit or two, most famously by a trio of Harvard graduates who claimed Zuckerberg stole their idea. In Ceglia’s case, he and Zuckerberg had a business arrangement that supposedly involved an investment in Facebook. (See In Facebook lingo, does ‘unsure’ mean ‘possibly’?) Ceglia is reportedly accused of one count of wire fraud and one count of mail fraud, each of which carries up to a 20 years in prison.

• Speaking of Facebook, a top Citigroup analyst has been fired and the bank fined $2 million over an alleged leak of confidential financial information leading up to to the social network’s IPO in May. The junior analyst who was involved was fired last month, supposedly for leaking information to TechCrunch. Citigroup was one of the underwriters of Facebook’s huge initial public offering and The Wall Street Journal reports that Mark Mahaney, a San Francisco-based tech analyst, was fired Friday. William Galvin, Massachusetts secretary of the commonwealth, cited previous problems regarding Mahaney’s dealings with the press, according to the New York Times.

• Finally, it’s the Internet age’s equivalent of making someone write a bunch of sentences on a chalkboard: “They did not do it.” As Apple and Samsung continue their multi-front smartphone patent battle, the iPad maker has posted a court-ordered notice on its website in the U.K. referring to a court judgment that found Samsung did not infringe on Apple’s iPad design. Apple also is required to take out newspaper ads saying the same thing. The Guardian writes that while Apple mentioned the U.K. ruling on its website, it also conveniently mentioned other rulings elsewhere, including the big $1 billion-plus ruling against Samsung in the United States. Oh, and neither did Apple forget to mention that the judge who made the ruling said, “[Samsung products] do not have the same understated and extreme simplicity which is possessed by the Apple design. They are not as cool.”

 

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  • Tom Russell

    You are such an Apple fan boy! Absolutly disgusting. I now remember why I stopped reading this… Thanks for the reminder.

  • David

    Any judge that says in a legal ruling that Samsung products do not have the same understated and extreme simplicity which is possessed by the Apple design because they are not as cool is a biased judge and I would have motioned for a new trial notwithstanding the verdict. I own both Samsung and Apple products and I can honestly say that both companies make devices that are simplistic in design and operation.

  • Levi Sumagaysay

    Tom: I fail to see the basis for your comment. If you are talking about the “cool” comment, I was quoting the judge.

 
 
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