. Lawsuit Accuses Elon Musk Of Trashing Twitter To Drive Down Price « JO LEE MAGAZINE

HUFFPOST/Elon Musk has been hit with a lawsuit from a Twitter shareholder who accuses the Tesla CEO of criticizing the company he has agreed to buy and sowing doubts about the deal in order to drive down Twitter’s value.

The proposed class action, filed Wednesday in the U.S. District Court for the Northern District of California, claims Musk aimed to drive down Twitter’s stock price because he either wants to walk away from the deal or negotiate a lower purchase price.

More at HuffPost





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