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Judge rules Elon Musk’s posts about bot accounts and poop emoji were ‘false’ as Twitter investor lawsuit moves forward

cross-posted from: https://kbin.social/m/[email protected]/t/699467

A federal judge ruled to allow a lawsuit over the Twitter deal to proceed against Elon Musk, reasoning that Musk's false tweets and a comment of a poop emoji may be securities fraud.

Judge rules Elon Musk’s posts about bot accounts and poop emoji were ‘false’ as Twitter investor lawsuit moves forwardhttps://lawandcrime.com/high-profile/judge-rules-elon-musks-posts-about-bot-accounts-and-poop-emoji-were-false-as-twitter-investor-lawsuit-moves-forward/Open linkView original on lemm.ee
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Comments10
jtkreply
lemmy.sdf.org

I was hoping the poop emoji was going to have a more specific legal significance but it doesn't really seem to be an actual factor in any of it.

4
Nougatreply
kbin.social

Elon Musk is the target of the class-action lawsuit.

3
IHeartBadCode
kbin.social

A group of investor plaintiffs sued Musk for securities fraud alleging that Musk lied about the number of spam accounts on Twitter as part of a plan to drive down the company’s stock price and manipulate the terms of his acquisition.

You know what I find funny in all of this.

  • How it started: Musk tweeted for Twitter to be more transparent about Twitter in general and specifically about bot accounts.
  • How it's going: Musk suing people for showing everyone Nazi shit next to Disney ads.

I tell you, that 180° there, life comes at some folks fast.

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Judge rules Elon Musk’s posts about bot accounts and poop emoji were ‘false’ as Twitter investor lawsuit moves forward | Spyke