According to media reports, the lawyered-up twins, who graduated from Harvard, argued that they were unfairly taken advantage of by Facebook when they agreed to a settlement.
The dispute between the Winklevoss twins and Zuckerberg was depicted in the 2010 film The Social Network. The twins had founded their own social networking site, which they called ConnectU. Zuckerberg allegedly took those ideas and created Facebook. Judge John Wallace on Tuesday was asked to consider whether the Winklevoss twins were so hapless as to have been allegedly snookered a second time. Wallace expressed skepticism at the brothers' purported naivete, according to Paidcontent.org:
"The founders are pretty smart people themselves.... They also hadWhile the brothers are savvy in some regards, they have demonstrated naivete and eccentricity in other instances. A Bloomberg-Business Week writer last fall arranged a movie outing so the brothers could comment on how the move portrayed them and Zuckerberg.
five lawyers from two firms sitting there with them. The twins also have
a father, from the Wharton School [of Business at University of
Pennsylvania], who's very bright, and considered to be one of the top
people in valuation [of businesses]... If you have all these people
there to advise you, isn't it a little difficult to say this was one of
those things where they were taken advantage of?"