Tesla, Musk must face shareholder lawsuit over going-private tweet

Tesla, Musk must face shareholder lawsuit over going-private tweet

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-tesla-musk-lawsuit/tesla-musk-must-face-shareholder-lawsuit-over-going-private-tweet-idUSKCN21X33A

A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction.

Tesla, Musk must face shareholder lawsuit over going-private tweet

Apr 15, 2020, 11:33pm UTC
https://www.reuters.com/article/us-tesla-musk-lawsuit/tesla-musk-must-face-shareholder-lawsuit-over-going-private-tweet-idUSKCN21X33A >A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction.