Facebook faces ownership dispute

Posted on Thursday, July 22nd, 2010 at 3:48 pm    

Facebook will continue to be up and running even though there is a dispute over who the real owner of the company is. Until June 30 there was a order issue to stop asset transfers.

A man is suing the current owner of Facebook, Mark Zuckerberg, for a contract that written in 2003 that stated that Zuckerberg would write and design a website. The man is now claiming that he owns 84 percent of the company.

His lawyers state that they have the contract and it is clear cut. Attorneys for Facebook are arguing that the man sat on the contract and it ended in 2004. They are stating that he should not be permitted to the portion of the company all of a sudden.

If you or your business are in the middle of a business dispute, contact the the Des Moines contract dispute lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600.


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