Elon Musk’s legal team filed a motion for a mistrial in the case, a move that often hints the defense thinks the trial isn’t ...
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the ...
The case, which represents Twitter shareholders who sold the stock between May 13 and Oct. 4, 2022, revolves around ...
Former Twitter shareholders sued Musk, alleging that he intentionally sought to drive down the company's value before his October 2022 purchase of the company.
Lawsuit claims Musk violated federal securities laws by making false, public statements that "were carefully calculated to drive down the price of Twitter stock." ...
Elon Musk took the stand in a shareholder trial Wednesday in San Francisco, where he's accused of making false and misleading statements that drove down Twitter's stock price before he bought the ...
Elon Musk took the stand in a shareholder trial on Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the ...
Musk is accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social ...
Mr. Musk said he did not expect his posts in the lead-up to his 2022 acquisition of the social media site, now X, to affect the company’s share price.
Musk told the jury that “people tend to read too much into things that I do,” and described the stock market as “manic depressive,” pointing out that it can fluctuate.