Elon Musk faces more trouble as US judge allows former Twitter investors to …
A federal judge has permitted a class action lawsuit against Elon Musk by former Twitter investors. The investors allege Musk defrauded them by delaying the disclosure of his initial stake in the company, leading them to sell shares at depressed prices. This case is separate from another lawsuit where Musk was found liable for attempting to lower the takeover price.
A federal judge has permitted a class action lawsuit against Elon Musk by former Twitter investors. The investors allege Musk defrauded them by delaying the disclosure of his initial stake in the company, leading them to sell shares at depressed prices. This case is separate from another lawsuit where Musk was found liable for attempting to lower the takeover price.
