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  2. Jan 7, 2022 · Mark Zuckerberg cut out his long-term friend and business partner Eduardo Saverin from Facebook. What was Saverin's settlement after his lawsuit?

  3. In 2009, both suits were settled out of court. Terms of the settlement were not disclosed and the company affirmed Saverin's title as co-founder of Facebook. Saverin signed a non-disclosure contract after the settlement. In 2010, Saverin co-founded Aporta, an online portal for charity.

  4. Mar 19, 2019 · Eduardo Saverin is most famous for two things: cofounding Facebook and leaving America for Singapore. What's gotten a lot less attention is his increasingly sprawling $360 million venture...

  5. Jan 10, 2023 · In this article we explore the Eduardo Saverin settlement, after he sued his Facebook co-founder, Mark Zuckerberg for cheating him out of his shares.

  6. Dec 21, 2023 · After suing Facebook and reaching a settlement with terms that have never been disclosed, Saverin reportedly owns a two per cent stake in the company.

  7. May 15, 2012 · Saverin eventually sued Facebook over breach of fiduciary duty. Facebook and Saverin settled, and he walked away with 4% or 5% of the company. That stake is now worth close to $5 billion.

  8. At least in the movie, Eduardo Saverin's character was tricked by Mark Zuckeberg, and had a somewhat reasonable case. Zuckerberg decided that it wasn't worth the risk of going to court and losing half the company so he decided to pay Eduardo Saverin a settlement.

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