Winklevoss lose federal appeals court bid for a rehearing in Facebook case

"Facebook in a statement said: "We're pleased with the court's decision."

Last month, the 9th Circuit ruled that the Winklevoss twins cannot undo the settlement agreement that gave them $20 million in cash and stock now valued at more than $100 million. The Winklevosses say they were misled about the value of the stock.

The Winklevosses are planning another legal challenge in Boston, where they plan to ask the court to investigate their claims that Facebook and its lawyers concealed instant messages from them during the litigation." Read more by selecting image above.


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