Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover
Elon Musk was found liable for defrauding Twitter shareholders by making misleading statements to intentionally drive down the company's stock price during his 2022 acquisition. Although he was cleared of running a larger fraud scheme, a jury still ordered over $2 billion in damages for investors who sold their shares at lower prices.
21 Mar 05:45 · India Today