Elon Musk Ordered to Face Class Action Lawsuit Over Late Twitter Stake Disclosure
A judge has ruled that Elon Musk must face a class action lawsuit concerning his delayed disclosure of a significant stake in Twitter, now known as X, confirming earlier reports of the legal proceedings and alleging investors were cheated.
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Elon Musk must face class action over late disclosure of Twitter stake, judge rules
Read full article →Musk Must Face Class Action Over Late Disclosure Of Twitter Stake: Court
The investors said Musk saved more than $200 million, and cheated them because they sold Twitter shares at depressed prices during the 11-day period.
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