"Musk’s statement was misleading because it stated or implied that Musk’s obligation to consummate the buyout was conditioned on his satisfaction with due diligence to determine whether ‘spam/fake accounts do indeed represent less than 5% of users,’" the"This was false because Musk had specifically waived detailed due diligence as a condition precedent to his obligations under the buyout contract.
They argue that Musk's actions have "substantially harmed" the company's employees and "encouraged other market participants to short Twitter’s stock." In addition, they claim Musk saved approximately $156 million by delaying the disclosure of his 9.2% stake in the company in order to buy Twitter stock at an "artificially low price, in violation of the California Corporations Code." According to the lawsuit, Twitter has lost $8 billion in value since the buyout was announced.
Twitter shareholders are thieves and hate FREEDOM, they are manipulation thieves.
Tech groups...filing lawsuit are thieves! Make no mistake!!
Yes, they think you will sell Tesla stocks to buy Twitter, lowering the stock values
Firearms are the 1 cause of death among children and teens in the USA. THE GOP ARE KILLING OUR KIDS! 2A SecondAmendment GunControlNow GunReformNow 2ndAmendment gunrights gunviolence
“Manipulating”, or fair price.
Or maybe it was already manipulated from Twitter intentionally over reporting their daily users
How? By stating that there are far more spam accounts and bots than Twitter told him?
BS
If it wasn't for him, $TWTR stock would've been in low $20' now
Lol manipulating? Minor leagues. Come look look at the price of $silver and $gold
I am a shareholder and I did not accuse Elon , in fact I am for Elon
It went up and stayed up after... hater gonna hate.. even on themselves apparently.
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