02:56 ET<\/span><\/span><\/p>\nThe latest attempt by Cameron and Tyler Winklevoss to re-open their case against Facebook founder Mark Zuckerberg has been rejected.<\/p>\n
They had asked the 9th US Circuit Court of Appeals in San Francisco to reconsider its April ruling upholding the $65m (\u00a340m) settlement from 2008.<\/p>\n
The twins say that Facebook concealed information and they should have received more Facebook shares.<\/p>\n
Mr Zuckerberg denies their claims that he stole the idea of Facebook.<\/p>\n
In April, a three-judge panel decided not to scrap the original settlement and not to allow a fresh case to begin.<\/p>\n
In their latest move, the Winklevoss twins had asked for a full panel of 11 judges to review that decision.<\/p>\n
No fresh reasons were given for declining the appeal.<\/p>\n
Their lawyer Jerome Falk said in a statement that they would appeal to the Supreme Court.<\/p>\n
The 2008 settlement gave them $20m in cash and $45m of stock valued at $36 a share.<\/p>\n
But the shares are not yet traded anywhere, and the brothers say that they were duped because internally the shares were only valued at $9.<\/p>\n
Their claim that Mr Zuckerberg stole their website idea while they were all students at Harvard was made famous by the film The Social Network.<\/p>\n<\/div>\n<\/p>\n
More here:
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