Elon Musk has called for the dismissal of a shareholder lawsuit against him for canceling his multibillion-dollar buyout deal and subpoenaing Twitter’s former CEO as he fights a lawsuit from Twitter asking him to complete the takeover. The moves come in response to Musk’s sudden announcement in July that he would leave just a few… Continue reading Tesla’s Elon Musk Calls for Dismissal of Shareholder Lawsuit in Pullout of Twitter Buyout
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Elon Musk-Twitter Buy-Out Dispute Fast-Tracked for Initial Hearing on Tuesday
Attorneys for Twitter Inc. and tech mogul Elon Musk will clash in Delaware Chancery Court on Tuesday over expediting a suit to force Musk to honor his $44 billion agreement to buy the social media giant, despite his alleged exercise of a right to terminate on July 8. Chancellor Kathaleen St. Jude McCormick has scheduled… Continue reading Elon Musk-Twitter Buy-Out Dispute Fast-Tracked for Initial Hearing on Tuesday