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A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition.
A San Francisco jury concludes Musk’s claims in 2022 were damaging to a group of Twitter investors.
A jury in a San Francisco court concluded today that Elon Musk intentionally misled investors in an attempt to drive down the price of Twitter Inc. ahead of his purchase of the company. Here are the details. more…
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion
A US jury has found Elon Musk misled investors by deliberately driving down Twitter's share price in the months leading up to his $44bn (£33bn) takeover of the social media company.
The verdict was a rare loss for Mr. Musk, who investors claimed had tried to drive down the share price of the social media company, now called X, to renegotiate his $44 billion offer.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
