Elon Musk Found Liable For Misleading Twitter Shareholders Ahead Of $44B Acquisition

Elon Musk Found Liable For Misleading Twitter Shareholders Ahead Of $44B Acquisition

Elon Musk has been found liable by a California jury for misleading Twitter shareholders amid his $44 billion acquisition of the social media platform in 2022. On Friday, the jury in the class-action case Pampena v. Musk found that the Tesla mogul’s tweet claiming the deal was “temporarily on hold” was harmful and misleading, resulting […]

By Glenn Garner