05/13/2014 // West Palm Beach, Florida, US // JusticeNewsFlash // Justice News Flash // (press release)
Palo Alto – Facebook CEO Mark Zuckerberg is being sued by a real estate developer for alleged breach of contract. As reported by the San Jose Mercury News, Mircea Voskerician claims that the multibillionaire Facebook cofounder failed to follow through on an agreement to provide introductions and referrals to the developer.
Zuckerberg purchased homes and lots near his Palo Alto property in 2012 and 2013 totaling over $43 million. Voskerician claims he was paid $1.7 million by Zuckerberg for the right to purchase the property behind his home and agreed on the amount because of Zuckerberg’s promise to help him get other deals.
The lawsuit is quoted as stating, “Zuckerberg stated he did not want construction in his backyard for 14 months and told Voskerician that he would refer him business and make him introductions if, in exchange, Voskerician would help him secure his privacy.”
Zuckerberg’s attorney, who disputes the claim, is quoted in the report as stating during an interview, “The (lawsuit’s) description of the meeting that took place is unrecognizable to my client. The claim here is just meritless, plain and simple.”
A lawyer for Zuckerberg has referred to the lawsuit as meritless.
This report is provided by Justice News Flash – California Legal News
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