We show the Elon Musk case file on Twitter fraud in its entirety

We show the Elon Musk case file on Twitter fraud in its entirety

The full argument from Elon Musk’s lawyers that it is actually Twitter’s fault that their client changed their mind recently has become available. The 165-page summary document in the article was released by the Delaware court.

Everyone knows the basics of the story. Musk buys a bunch of Twitter stock, then agrees to sit on the company’s board of directors and promises not to try to buy Twitter. Then he changes his mind, uses some of his Tesla stock to raise the necessary financing, and eventually agrees to a $44 billion deal to buy Twitter. Then he changes his mind again and tries to get out of the business, causing Twitter to sue the world’s richest man, to force him to buy the company, as he promised anyway.Twitter lawyers are already digging through Musk’s business dealings to find evidence that the U-turn is about something else, while Musk’s side is arguing that it has actually been strategically blocked, misrepresented and outright thwarted in its efforts to find out how many people are actually tweeting. .The second half of the material also includes the answers of the Musk team to the Twitter request, if someone wants to read a very expensive argument in its entirety. Whether you agree with Musk or Twitter’s lawyers, it is definitely easier to find out about the details when you receive the document together. That Twitter is lying about statistics reflecting the number of active users and how many of those are bots, and that this fraud – which Musk claims – contributes to a “materially adverse effect” that should allow them to back out of the agreement they signed. Although Twitter has already issued a point-by-point response containing much of the document, both sides must be heard before they meet in court on October 17. Hardware, software, tests, interesting and colorful news from the world of IT by clicking here!

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