Facebook paid up to $65m - $20m cash and a 1.25m shares – to end a lawsuit in which Mark Zuckerberg, now its chief executive, was accused of stealing the idea for the social networking site from a company called ConnectU.
The case, brought against Zuckerberg by three former classmates, Divya Narendra and the brothers Tyler and Cameron Winklevoss, had threatened to derail Facebook.