Finnegan, Henderson, Farabow, Garrett & Dunner was the Winklevosses’ original counsel in their 2004 Boston federal district court trade secrets case against Facebook and its founder Mark Zuckerberg. The twins and a Harvard classmate, Divya Nirenda, claimed that Zuckerberg stole the idea for Facebook from their inchoate social networking site, ConnectU. Both Finnegan and Quinn Emanuel were counsel to the ConnectU founders in their February 2008 settlement with Facebook, which at the time was worth a reported $65 million but may now be worth as much as $150 million.
Last week Finnegan filed an attorneys’ lien against the proceeds of the settlement, which, as we’ve reported, the Winklevosses have asked the 9th U.S. Circuit Court of Appeals to void, claiming they were misled about the value of the private Facebook shares that comprise a big chunk of their payout.
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