Welcome to the world of facts and news: Musk sued by Twitter investors for stock 'manipulation' during takeover bid

Musk sued by Twitter investors for stock 'manipulation' during takeover bid

The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14. They asked to be certified as a class and to be awarded an unspecified amount of punitive and compensatory damages.

from Tech-Economic Times https://ift.tt/hz7u6bP

No comments:

Post a Comment

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...