From CNN | Facebook is fending off a New York restraining order temporarily preventing it from transferring or selling any of its assets.
The order stems from a case filed in late June in New York’s Allegany County state court by Paul Ceglia, a local resident who claims that in 2003 he paid Facebook founder Mark Zuckerberg $1,000 to build a Web site “designed to offer the students of Harvard university access to a wesite (sic) similar to a live functioning yearbook with the working title of ‘The Face Book.’ ” Get the full story »