PCMAG - Twitter shareholders aren't happy about the ongoing antics involving Musk's proposed $44B acquisition of the social networking company. A group of shareholders has filed suit against Musk and Twitter over allegations that both entities have violated California laws since Musk's stake in Twitter was revealed in early April. The first complaint is that Musk kept his stake in Twitter - and his plans to join the company's board - a secret to financially benefit from these hush-hush dealings. The second complaint is that Musk had access to "insider information about the company. The third complaint involves Musk's flip-flopping on completing his acquisition of Twitter.
« Foursquare Founder Gains Funding for Web3 Social Network Startup | Main | Reddit Lags Behind Other Social Networks in Time Spent »
Twitter Shareholders File Suit Over Elon Musk's Antics
|
