The Delaware Court of Chancery has dismissed counterclaims against internet entrepreneurs Cameron and Tyler Winklevoss, ruling that allegations the twins had failed to publicly promote their $1.3 million investment in a magazine venture had been filed too late.
Friday’s ruling, from Vice Chancellor Joseph R. Slights III, came in the brother’s Winklevoss Capital Fund’s 2018 lawsuit accusing one-time partner Stephen Shaw of mismanaging Treats!, a Delaware limited liability company, which operates a print and digital magazine depicting nude and semi-nude photography of models and celebrities.
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