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Elon Musk’s legal team: Twitter ordered whistleblower to destroy evidence

Teslarati

Elon Musk’s legal team threw some allegations against Twitter in a recent filing, with the Tesla CEO’s camp alleging that the social media company had ordered whistleblower Peiter “Mudge” Zatko, its former head of security, to destroy evidence as part of his severance package. Judge Kathaleen St. per share. .

Legal 131
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Elon Musk new court filing accuses Twitter of fraud

Teslarati

According to the CEO’s legal team, Twitter’s alleged decision to conceal flaws in its data security — as highlighted by whistleblower and former Twitter security chief Peiter “Mudge” Zatko — amounted to fraud and a breach of contract by the social media company. .

Legal 140
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Lordstown Motors files for Chapter 11, sues Foxconn; selling off Endurance electric pickup

Green Car Congress

Jefferies is acting as financial advisor to the Company, and White & Case LLP is acting as legal counsel. The litigation accuses Foxconn of fraud and willful and consistent failure to live up to its commercial and financial commitments to Lordstown. Earlier post.)

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Twitter urges shareholders to approve $44bn Musk buyout

Teslarati

However, Musk has retracted his interest in purchasing the platform after claiming Twitter has not accurately depicted the site’s population of robot accounts , which could technically affect the valuation of the company. Twitter sued Musk in an attempt to force the purchase. I’d love to hear from you!

Legal 95
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Elon Musk makes opening remarks in SolarCity trial, defends Tesla’s $2.6B acquisition

Teslarati

Elon Musk has made his opening remarks in a Wilmington, Delaware, courthouse on Monday morning, defending Tesla’s $2.6 The lawsuit indicates that Musk applied heavy pressure on Tesla’s board to purchase SolarCity back in 2016, as the company was running low on cash and was likely headed for bankruptcy.

Legal 145
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Twitter locks employee stock accounts amid Elon Musk buyout expectations

Teslarati

A Delaware court has directed Elon Musk, the CEO of Tesla Inc., After reaching an agreement to purchase Twitter for $44 billion in May, Musk attempted to back out of the deal, claiming that the social media company appears to have overstated the amount of spam and bot accounts on its platform.

Legal 69
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Elon Musk willing to finish Twitter buyout under original terms — under one condition

Teslarati

Musk and Twitter are currently engaged in what is shaping up to be a bitter legal battle. The Tesla CEO had offered to purchase Twitter for $54.20 Both sides are headed to a trial in a Delaware court this coming October. per share, an amount that was approved by the social media company’s Board of Directors.

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