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by nomurrcy 5540 days ago
I'm not saying that Mr. Ceglia is right, but the amount of people on this thread outright dismissing his claims is laughable.

He has now had his claims vetted by at least one major law firm. I guarantee you they looked closely at his claims (they have both a legal and financial interest to do so) and found them worth pursuing.

The risk to Zuckerberg is probably a lot higher here than most people think.

2 comments

I predicted when this first came out that Zuck would have to settle, and out of pocket, but not for 'in the billions.' I still believe that after reading these emails.

You have to remember that a law firm is going to ask itself about total dollar outcome, not necessarily veracity of all claims. Even a 1% chance of partial success is enough to pay for quite a lot of litigation.

Any "major law firm" will go after someone as long as your checks keep clearing. The weight of a law firm is not related to the likely validity of the claims. I mean, if you think you can get a 50% stake in Facebook, of course you're going to pursue that heavily, even if your evidence is weak -- because you might be able to beat FB around until they give you money to make you go away.
Yes, and based on this how much do you think the legal costs would be for a firm like DLA Piper? You're easily talking about millions. If Ceglia has that amount of money to throw around, I don't think he'd be spending his time with frivolous lawsuits.
I'm betting they took this on contingency and will take a cut of the winnings. If so the firm is willing to risk their own capital.