Facebook founder Mark Zuckerberg is not a stranger to litigation. The tech guru, who made billions on a business model designed to connect friends, family and colleagues, is currently being sued for breaching his alleged promise to introduce select individuals to a seller of a real property in exchange for a reduced purchase price. A recent civil complaint filed in the Santa Clara County Superior Court explains.
In 2012, real estate developer Mircea Voskerician entered into a contract for the right to purchase property behind Zuckerberg’s palatial digs in Palo Alto, California. He sent a letter to Zuckerberg telling him that he planned to build a large house on the lot, which would overlook Zuckerberg’s master bedroom. Voskerician offered to sell him a portion of the lot so that Zuckerberg could maintain his privacy. Along the way, there was a meeting with the parties and their real estate agents, where Voskerician claims that that he and Zuckerberg orally agreed that Voskerician would assign his interest to purchase the land to Zuckerberg in exchange for $1.7 million, and that Zuckerberg would provide future referrals and introductions to Voskerician to build his real estate business.Details