Elon Musk misled investors during his Twitter takeover, jury finds
A jury found that Elon Musk misled investors during his $44 billion acquisition of Twitter in 2022. Investors claimed Musk's tweets about fake accounts were intended to drive down Twitter's share price to renegotiate the deal. While Musk was found liable for defrauding investors, the jury sided with him on other allegations, and the final damages are yet to be determined.
Engadget
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