Lawsuit: Musk manipulated Twitter stock price in attempt to renegotiate sale

Lawsuit: Musk manipulated Twitter stock price in attempt to renegotiate sale

2 years ago
Anonymous $dy9SWuvIkX

https://arstechnica.com/tech-policy/2022/05/lawsuit-musk-manipulated-twitter-stock-price-in-attempt-to-renegotiate-sale/

Elon Musk was sued by a Twitter investor who alleges that he broke the law in a scheme to drive down Twitter's stock price.

The lawsuit was filed Wednesday against Musk and Twitter in US District Court for the Northern District of California. It recounts much of Musk's behavior since he began investing in Twitter and since he agreed to buy the company for $44 billion.