What does the class action lawsuit hope to accomplish? McAferty sued a day after Foglietta denied the request by district attorney, Larry Krasner, to end the giveaway, which Krasner called an illegal lottery. That ruling was largely symbolic because Musk has no plans to give out more money...
Elon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout that the billionaire defiantly insisted Tuesday he could have pulled off, had he wanted. Musk spent roughly three more hours on the...
agency name allows Musk plausible deniability amid manipulation allegations by investors. A dropped class-action lawsuit accused Musk of insider trading and fraud, claiming he used tweets to inflate DOGE prices since 2021.Billionaire and X owner Elon Musk posted a meme depicting Doge today. Although...
A $258 billion class-action lawsuit against Elon Musk and Tesla, alleging that the billionaire manipulated the price of Dogecoin, has been withdrawn.
Elon Musk’s Twitter investment took a new turn on Tuesday when a stakeholder filed a class-action lawsuit over the way his $3 billion investment was handled. So let me get this straight: Elon Musk made $156 million by violating securities law, and he was rewarded with a seat on Twitter...
Elon Musk returned to the stand for a third day Tuesday in federal court in San Francisco to testify in a trial stemming from a class action lawsuit brought by Tesla investors who allege he misled them with a tweet.
Musk, meanwhile, was able to continue to buy shares that traded in prices ranging from $37.69 to $40.96. The lawsuit is seeking to be certified as a class action representing Twitter shareholders who sold shares between March 24 and April 4, a process that could take a year or more. ...
Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter has taken center stage in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a prop
Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.
class-action lawsuit against Musk, who is CEO of both the electric automaker and the Twitter service he bought for for $44 billion a few months ago.In 2018, Musk tweeted that he had the financing to take Tesla private even though it turned out he hadn't gotten an iron-clad commitment ...