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Litigation

Mar. 18, 2016

Lengthy fraud case against Facebook founder settles in his favor

A lengthy court battle between Mark Zuckerberg and a small-time real estate player who alleged he defrauded him and breached contract in a property deal ended in a no-cash settlement Tuesday after falsified bank statements from the plaintiff came into evidence.

By Banks Albach
Daily Journal Staff Writer

A lengthy court battle between Mark Zuckerberg and a small-time real estate player who alleged the Facebook Inc. founder defrauded him and breached contract in a property deal ended in a no-cash settlement Tuesday after falsified bank statements from the plaintiff came into evidence.

The only term came from Zuckerberg and his financial advisers, co-defendants in the case,...

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