A New York state appeals court threw out Facebook Inc.'s unusual malicious prosecution lawsuit against DLA Piper and two other law firms that have represented a fugitive who claimed a 50 percent stake in the social media company. Reversing a lower court ruling, the Appellate Division in Manhattan rejected "conclusory" allegations by Facebook and its chief executive, Mark Zuckerberg, that the firms knew or should have known that their client Paul Ceglia's case was fraudulent and based on a forged contract.
- Read the article: Reuters
