Judge recommends Ceglia case vs Facebook be dismissed

By Jonathan Stempel and Nate Raymond (Reuters) - A federal judge on Tuesday recommended the dismissal of a lawsuit against Facebook Inc in which Paul Ceglia, an upstate New York wood pellet salesman, claimed a huge ownership stake in the social media company. U.S. Magistrate Judge Leslie Foschio said there is "clear and convincing evidence" that an alleged 2003 contract with Mark Zuckerberg, now Facebook's chief executive, that Ceglia claimed entitled him to a one-half interest in the company is a "recently created fabrication. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/judge-recommends-ceglia-lawsuit-vs-facebook-dismissed-213417957--sector.html