A federal appeals court rejected Cameron and Tyler Winklevoss' demand for more Facebook money, adding that the spoiled Harvard twins should shut up already about how Facebook founder Mark Zuckerberg stole their idea. The Ninth Circuit Court of Appeals ruling gets pretty brutal at the end:
The Winklevosses are not the first parties bested by a competitor who then seek to gain through litigation what they were unable to achieve in the marketplace. And the courts might have obliged, had the Winklevosses not settled their dispute and signed a release of all claims against Facebook. With the help of a team of lawyers and a financial advisor, they made a deal that appears quite favorable in light of recent market activity. For whatever reason, they now want to back out. Like the district court, we see no basis for allowing them to do so.
At some point, litigation must come to an end. That point has now been reached.
Ouch. And all the twins have left with which to console themselves are those $100 million in Facebook shares they got in their original settlement with the company. They've got to be the two saddest Aryan millionaire 29-year-old Olympian Harvard grads on the planet, right now.