Oleg Zabluda's blog
Friday, March 10, 2017
 
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Next it was the turn of Facebook’s lawyer, E. Joshua Rosenkranz, of Orrick, Herrington & Sutcliffe, to make his case.

Mr. Rosenkranz: “No one was misled here.”

He added that the Winklevoss side knew that there were many internal valuations of Facebook made in the months leading up to the agreement, including several below the $8.88 price. If they had wanted more information, he said, they would have asked. Instead, they relied on four words in a press release that valued Facebook at $15 billion. If their claims are right, he said, “they are not victims of fraud, they are outright imbeciles.”
"""
https://bits.blogs.nytimes.com/2011/01/11/judges-grill-winklevoss-lawyer-in-facebook-case/
https://bits.blogs.nytimes.com/2011/01/11/judges-grill-winklevoss-lawyer-in-facebook-case/

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