Elon Musk Misled Twitter Shareholders – U.S. Jury Finds
A federal jury in California found Friday that tech titan Elon Musk misled Twitter shareholders by bashing the company as he was poised to buy it in a $44 billion deal, according to media reports.
The verdict in a class action securities lawsuit means the world’s richest person could be ordered to pay as much as $2.6 billion in damages, CNBC and other news outlets reported.
