post (@post@lemmy.ml)
🇵🇱🥀🇮🇶 NATO sends Polish troops home from Iraq.
https://lemmy.ml/post/44796828
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us (@us@newsbeep.org)
Elon Musk misled Twitter shareholders, US jury finds
A federal jury in California found on Friday that tech titan Elon Musk misled Twitter shareholders in an…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #America #California #elonmusk #GiuseppePampena #Musk #spaceX #Twitter #UnitedStatesofAmerica #X #xai
https://www.newsbeep.com/us/536026/
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digyoursoul (@digyoursoul@universeodon.com)
A San Francisco jury found NAZLeon defrauded Twitter investors during his $44 billion 2022 takeover, determining that key tweets about spam and bot accounts were materially false or misleading and contributed to investor losses. #elonmusk #musk #Twitter #fraud #crime #criminal
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dalfen (@dalfen@mstdn.social)
You know what I realized?
It's coming full-circle ⭕️
Per the last post's article:
#Musk bought #Twitter (a publicly-traded company) in Oct 2022,
THEN made it private, renaming it 'X,'
THEN merged it with his AI company xAI,
THEN merged it with SpaceX...
➡️ Which he is now making public with an upcoming IPO 🧐
And hinting at a valuation of $1.75 trillion (with a "T) 🤯
The original leveraged buyout of Twitter was saddled with debt. He even talked bankruptcy at first.
https://finance.yahoo.com/news/elon-musks-spacex-announce-ipo-120108087.html
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dalfen (@dalfen@mstdn.social)
A California jury "found that Elon Musk misled Twitter investors in the runup to his $44 billion purchase of the social media company."
He made a series of tweets and comments that sent #Twitter shares sliding, once "almost 10% in a single session."
The jury found that #Musk "made false and misleading statements that harmed some Twitter shareholders."
Total damages awarded could reach $2.6 billion.
#business
--
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BrianHarrod (@BrianHarrod@mastodon.social)
#WOW... #ElonMusk to Owe #Billions After Jury Finds He Misled #Twitter Investors Before Takeover
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p (@p@pixelfed.social)
#meme #memes #elonmusk #musk #twitter #spacex
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PattyHanson (@PattyHanson@mastodon.social)
...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...
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majorlinux (@majorlinux@toot.majorshouse.com)
Oh, no!
It's the consequences of his actions!
(We'll have to see, though.)
Jury agrees that Musk's tweets during Twitter takeover misled investors
#Lawsuit #Musk #Tweets #Twitter #SocialMedia #Investors #Tech
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hanse_mina (@hanse_mina@mastodon.social)
Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.
#Ukraine #Russia #US #Musk #Twitter
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publicnewsfeed (@publicnewsfeed@mastodon.social)
Elon Musk misled Twitter investors, jury finds
A San Francisco jury concludes Musk’s claims in 2022 were damaging to a group of Twitter investors.
https://www.bbc.com/news/articles/c62j3yl842eo?at_medium=RSS&at_campaign=rss
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killbait (@killbait@mastodon.social)
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
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