Mastodawn

...The jury awarded shareholders between about $3 and $8 per stock per day as damages, which the plaintiffs’ lawyers said amounts to about $2.1 billion in stock and another $500 million in options. Musk’s fortune is currently estimated at about $814 billion, much of it tied up in Tesla shares...

#ElonMusk #Twitter #USPOL

https://apnews.com/article/elon-musk-twitter-shareholders-class-action-verdict-22ea6013ebc5244cadb9a5902fe42c5d

Jury finds Elon Musk misled investors during Twitter purchase, absolves him of some fraud claims

A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil trial in San Francisco centered on a class-action lawsuit filed just before Musk took control of Twitter, which he later renamed X.

AP News

KillBait 1h ago

Jury Finds Musk Liable for Misleading Twitter Investors During 2022 Buyout Dispute

📰 Original title: Elon Musk misled Twitter investors while trying to get out of acquisition, jury says

🤖 IA: It's not clickbait ✅
👥 Usuarios: It's not clickbait ✅

View full AI summary: https://killbait.com/en/jury-finds-musk-liable-for-misleading-twitter-investors-during-2022-buyout-dispute/?redirpost=04c7bfcc-97c7-4bfc-ac36-667376f233ff

#justice #elonmusk #twitter #lawsuit

Jury Finds Musk Liable for Misleading Twitter Investors During 2022 Buyout Dispute

A California civil jury has determined that Elon Musk intentionally misled Twitter investors during his attempt to withdraw from his $44 billion acquisition of the company in 2022. The case stems from…

KillBait Archive

Mathrubhumi English 1h ago

A US federal jury ruled that Elon Musk misled Twitter shareholders with false 2022 tweets, causing stock losses. https://english.mathrubhumi.com/technology/elon-musk-misled-twitter-investors-federal-jury-verdict-xy6ey625?utm_source=dlvr.it&utm_medium=mastodon #ElonMusk #Twitter #Lawsuit #SpaceX

DER SPIEGEL | inoffiziell 1h ago

Bevor Elon Musk im Jahr 2022 Twitter (jetzt X) kaufte, ließ er sich über angebliche Bot-Probleme bei der Plattform aus. Die Aktie gab nach. Geschworene bewerten dies nun als Kursmanipulation mit Folgen.#Netzwelt #ElonMusk
Elon Musk: Geschworene sehen Kursmanipulation bei Twitter-Übernahme

Vorwürfe gegen Elon Musk: Geschworene sehen Kursmanipulation bei Twitter-Übernahme

DER SPIEGEL

World news | The Guardian 1h ago

Musk responsible for Twitter investors’ stock dropping when he bought company, jury rules https://www.theguardian.com/technology/2026/mar/20/elon-musk-twitter-investors-lawsuit #ElonMusk #UsNews #X #SanFrancisco #Technology #SocialMediaBan

Musk responsible for Twitter investors’ stock dropping when he bought company, jury rules

California jurors hand win to investors who sued billionaire saying he publicly disparaged social media platform in 2022

The Guardian

The Daily Perspective 2h ago

Jury Finds Musk Liable for Misleading Twitter Investors in $44bn Deal

#ElonMusk #Twitter #Securities #CourtRuling #AusNews #AIGenerated

https://thedailyperspective.org/article/2026-03-21-jury-finds-musk-liable-for-misleading-twitter-investors-in-44bn-deal-c41a0af6

Jury Finds Musk Liable for Misleading Twitter Investors in $44bn Deal

San Francisco jury rules Elon Musk made false statements about bot accounts to drive down Twitter's share price, finding him liable but rejecting fraud scheme claim.

The Daily Perspective

The Verge 2h ago

Jury finds Elon Musk’s ‘stupid tweets’ caused Twitter investors’ losses https://thever.ge/h9pu #Twitter-X #ElonMusk #News #Tech

Jury finds Elon Musk’s ‘stupid tweets’ caused Twitter investors’ losses

A California jury determined that Elon Musk misled some Twitter investors with tweets after he put in a bid to buy Twitter, casting doubts about bots and spam on the platform.

The Verge

chris actual 2h ago

I'm just saying that this is about the time #elonmusk says something stupid or boldly stupid or obviously stupid and/or impossible to juice #tesla stock. It always works, so I wonder what he's waiting for.

Nonilex 3h ago

#Musk found liable to #Twitter shareholders in #fraud lawsuit over $44 billion takeover

A #US federal #jury found #ElonMusk liable on Friday for claims he defrauded Twitter shareholders by ‌trying to drive down the #SocialMedia company's #stock price so he could renegotiate or back out of a $44 billion takeover in 2022.

#law #tech
https://www.reuters.com/sustainability/boards-policy-regulation/musk-found-liable-twitter-shareholders-fraud-lawsuit-over-44-billion-takeover-2026-03-20/

Ken in Northern PA 3h ago

#ElonMusk: Just curious, since you're the dumbest member of the Epstein class: How would you know that Jon Stewart is a talented propagandist? You can't even experience love, ketabrain. You just F stuff up. Like Twitter. And xAI. And by 2030, your #USAID cuts will have killed 14 million ppl ~ChatGPT