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Musk Plans To Appeal After Jury Finds Him Liable To Twitter Shareholders
Musk Plans To Appeal After Jury Finds Him Liable To Twitter Shareholders
Authored by Aldgra Fredly via The Epoch Times (emphasis ours),
A federal jury on March 20 found tech billionaire Elon Musk liable for misleading Twitter shareholders by driving down the social media platform’s stock price months before acquiring it for $44 billion in 2022.
The decision follows a civil class action lawsuit filed by Twitter investors in October 2022. Musk agreed to buy Twitter at $54.20 per share in April 2022 but later tried to back out of the deal,...
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