Facebook paid out $65 million in cash and stock options to settle its lawsuit with ConnectU, formerly Harvard Connect, earlier this year. These details of the settlement which supposed to be sealed had been leaked out by ConnectU’s law firm for the case, Quinn Emanuel Urquhart Oliver & Hedges, in their marketing brochure.
You can get a copy of the brochure here (available until ask to be taken down).
ConnectU’s primary complaint against Facebook was that founder Mark Zuckerberg stole the idea for FB from ConnectU founders Cameron and Tyler Winklevoss. Zuckerberg worked for ConnectU, then called Harvard Connect, before starting Facebook.
Neither Facebook nor ConnectU have commented on the settlement leak.
In view of this recent event when was the last time you check your marketing material? Do include certain sensitive information on your material brochure?
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include certain sensitive information on your material brochure?