Skip to main content

Facebook CEO "Quite Sure" He Didn't Sign Contract Surrendering Ownership

Facebook CEO Mark Zuckerberg has said that he is “quite sure” that he did not sign any agreement with a web developer that would entitle the man to 84 per cent of the world’s largest social network, news site ABC News reported on Wednesday.

Mark Zuckerberg has dismissed all claims made by Paul Ceglia, a New York-based web developer, who filed a lawsuit against the Facebook founder stating that under a contract that he signed with Zuckerberg in 2003, he is entitled to 84 per cent of the net profits of the company.

Facebook attorney Lisa Simpson told a Buffalo, New York judge that the company was not sure if he had signed such a contract.

However, in an interview with ABC World News, Zuckerberg clarified that company lawyer's comments had been taken out of context.

"I think we were quite sure that we did not sign a contract that says that they have any right to ownership over Facebook," said Zuckerberg.

Ceglia’s lawyer Paul Argentieri cast doubt on Zuckerberg's claim to being “unsure”.

He said: “If he thinks he can go to court and give an answer like that - I think it’s not possible.”