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Elon Musk Found Liable for Misleading Twitter Shareholders in $44 Billion Acquisition Case
Business

Elon Musk Found Liable for Misleading Twitter Shareholders in $44 Billion Acquisition Case

A California jury has found tech billionaire Elon Musk liable for misleading Twitter shareholders during his high-profile $44 billion acquisition of the social media platform in 2022. The verdict came in the class-action case Pampena v. Musk, where shareholders alleged that Musk’s public statements caused financial harm and market instability. Controversial Tweet at the Center