Elon Musk sued by Twitter shareholder for 'market manipulation'

  • 📰 TheSAnews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Elon Musk sued by Twitter shareholder for 'market manipulation' Twitter shareholder lawsuit accused Elon Musk for pushing down Twitter's stock prices in order to give himself a room to negotiate a discount

Photo taken on 02 May, 2022, Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art in New York.

– Elon Musk faces a lawsuit filed 25 May, 2022 accusing him of pushing down Twitter’s stock price in order to either give himself an escape hatch from his $44 billion buyout bid, or room to negotiate a discount. The suit alleges the billionaire Tesla boss tweeted and made statements intended to create doubt about the deal, which has roiled the social media platform for weeks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines