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May 15, 2012 · Saverin eventually sued Facebook over breach of fiduciary duty. Facebook and Saverin settled, and he walked away with 4% or 5% of the company. That stake is now worth close to $5 billion.
Apr 12, 2011 · A three-judge appellate court panel upheld a 2008 deal between the trio and Facebook founder Mark Zuckerberg. The twins and their friend will have to settle for a share of Facebook now estimated ...
Sep 22, 2010 · What was hard, however, was getting Facebook co-founder Eduardo Saverin’s attention, getting him to make a decision, and getting him to sign off on the reformation of Facebook as a company under Delaware law – a crucial step before any funding deals could be completed. …
May 17, 2012 · Eduardo Saverin co-founded Facebook at age 21, then left two years later with a legal settlement that cut him off from Facebook but left him phenomenally wealthy.
Dec 21, 2023 · Where is Facebook co-founder Eduardo Saverin now? The Brazilian billionaire still owns a stake in Meta and is Singapore’s richest man, having grown his wealth to US$19.6 billion … but how?
Apr 19, 2023 · At the end of March, a federal judge approved a $725 million settlement between Meta, now Facebook's parent org, and the class action plaintiffs who challenged the company's handling of user data. The case covers eight separate claims brought in California, Illinois, New Jersey, and Texas in the US.
May 20, 2021 · Eduardo Saverin received an unknown settlement, and his name was restored to the Facebook masthead, restating that he was, and still is, a co-founder of Facebook. While this film is based on...
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