Twitter shareholder lawsuit accuses Musk of ‘market manipulation’

0
144

San Francisco, UNITED STATES (AFP) — Elon Musk faces a lawsuit accusing him of pushing down Twitter’s stock price in order to either give himself an escape hatch from his $44 billion buyout bid, or room to negotiate a discount. The suit alleges the billionaire Tesla boss tweeted and made statements intended to create doubt about the deal, which has roiled the social media platform for weeks. Filed Wednesday by a shareholder, the claim seeks […]