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Judge clears Facebook deal

June 27, 2008|From Times Wire Services

Facebook Inc., the world's largest social-networking website, didn't engage in fraud when it settled a lawsuit accusing founder Mark Zuckerberg of stealing the idea for the company, a judge ruled.

U.S. District Judge James Ware in San Jose said the settlement with ConnectU Inc., a site operator, was binding and enforceable. The accord to end the 4-year-old dispute was reached in February after mediation.

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