Not taking no for an answer

The Winklevoss twins aren’t giving up without a fight.

They filed an appeal on Monday of a decision telling them to be happy with the sixty five million dollar payout they negotiated. This decision was made a week ago by the ninth U.S Circuit Court of Appeals concerning a two thousand and seven settlement.

The twins are asking for a full panel of judges from the ninth Circuit to revisit the ruling. They’re arguing that the three judge panel ignored federal precedent about fraudulent settlements.

More information has surfaced since the previous mediation. They say that Facebook used an outside auditor to determine the value of shares for setting the price of stock options for employees. If that was the case, the twins would have been entitled to more stocks than they previously thought. This information would allow them to reopen their two thousand and four lawsuit.

They would have the option of appealing their case to the Supreme Court if the ninth Circuit declines a rehearing by a full panel of judges.