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Eduardo Saverin sued Mark Zuckerberg for $6 billion in a lawsuit filed in 2010. The case arose from disputes over their partnership and Saverin's share in Facebook after he was ousted from the company. Ultimately, the lawsuit was settled, and Saverin received a significant but undisclosed amount, allowing him to retain a portion of his shares in Facebook.
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Why did Eduardo Saverin sue Mark Zuckerberg?
According to the book, Accidental Billionaires, and the movie, The Social Network, Mark Zuckerberg was the one with the original idea and abilities to create Facebook. However, Zuckerberg needed funds to start off this social online experiment. Therefore his best friend at the time, Eduardo Saverin, provided the monetary funds to get Facebook started and to maintain it. He is also named CFO or the Chief Financial Officer of the company. Zuckerberg ends up dropping out of Harvard to focus on creating Facebook and moves off to California. Eduardo, still the CFO of the company, decides to stay in school and interns in NYC. While Eduardo is far away, Zuckerberg begins to befriend the creator of Napster, Sean Parker. This friendship has a great effect on Zuckerberg and results in his alienation from Eduardo. Months later when Facebook gets 1 million users, Eduardo visits California to see how Facebook is doing and to go to the 1 million members Celebration Party. Upon arrival he realizes that there is no party, but a plethora of contracts to sign. They state that Eduardo's shares have dropped from around 30% to a mere .5%. He also realizes that his name has also been removed from the names of the creators on the actual Facebook site. Feeling infuriated and betrayed, Eduardo decides to sue Zuckerberg for unfairly decreasing his shares of the company and for taking full credit for the creation of Facebook.
How much can you sue for contracting Hepatitis A?
Sue WHO? Were you intentionally infected?
How much do I sue for damages when threatened with a gun?
When threatened with a gun, I think you should sue for as much as you can.
How do you contact Mark Zuckerberg directly about business?
I need to SPEAK to Mark Zuckerberg. I have an imminent matter that needs immediate attention. If anything happens to me I or my family will sue Facebook so fast he won't know what hit him OR does he just rake it in and to 'Hell with problems. I'm not jumping through hoops to resolve my problem which is what YOUR COMPANY makes you do. I plan on contacting my police department and then take this to court. ENOUGH IS ENOUGH.!
How much can you sue for a hit and run?
As in any law suit. You are allowed to sue for the amount of your losses, including damages and injuries.
How much money did Peggy Sue Got Married gross worldwide?
Peggy Sue Got Married grossed $41,382,841 worldwide.
How much did Ozzy osbourne sue tony iommi?
18.
How much can you sue this website company for?
Have you ever been offended by a WikiAnswer comment? Well, if you have you can sue them for up to 1.5 million dollars max
How much would a company sue a person that has pirated some of their products?
Most likely they would sue up to 4.5 million dollars.
How much money did Peggy Sue Got Married gross domestically?
Peggy Sue Got Married grossed $41,382,841 in the domestic market.
If a teacher throws a pen at you and hits you in the eye can you sue?
hell yes sue get them for what they are worth in that's case you wort get nuch hell yes sue for what they are worth in that case you wort get much from ms. Vick
Can you sue your landlord if the building is destroyed in a fire?
(in the US) ANYONE can sue ANYBODY at ANYTIME for ANYTHING. However, the question is much too broadly worded. Just because the building burned down? Sue them over WHAT? For WHAT specific reason? Probably if the owner set the fire, you can sue.
