New York — Olympic rowing twins Cameron and Tyler Winklevoss have decided to drop their appeal to the Supreme Court of a federal court ruling upholding their $65 million settlement with Facebook Inc and its founder Mark Zuckerberg, after “careful consideration,” said the twins Wednesday.
Cameron and Tyler, who were portrayed in the 2010 film, “The Social Network,” entered into a settlement agreement with Facebook and its founder, Mark Zuckerberg in 2008. However, they later challenged the settlement on the grounds that Facebook had withheld information from them that had they known would have caused them to seek a higher settlement amount. A federal court in San Francisco upheld the settlement on April 11 calling it “quite favorable.”
The twins, along with Divya Narendra, another Harvard student who allegedly worked with the twins and Zuckerberg on Facebook’s development, decided in a filing Wednesday that they would not seek a Supreme Court review.
“We’ve considered this case closed for a long time, and we’re pleased to see the other party now agrees,” said Facebook in a statement.