Jury finds Musk owes damages to Twitter investors for his tweets
4 hours ago
- #Investor Lawsuit
- #Elon Musk
- A California jury found Elon Musk misled Twitter investors with public statements.
- Musk's comments about bot accounts on Twitter caused stock prices to drop before his purchase.
- Investors filed a class action lawsuit, claiming Musk's statements defrauded them.
- The jury found Musk liable for his tweets but rejected claims of a larger scheme.
- Potential damages Musk may owe could reach up to $2.6 billion.