Elon Musk will also sue Twitter

New twist in the case of the takeover of Twitter by Elon Musk. After the social network filed a complaint against the billionaire, he counterattacked by also filing a complaint in a 164-page document with the Delaware court, which specializes in business law. Still under the status of “confidential”, the complaint will soon be revealed since Elon Musk is obliged to submit a public version.


Twitter

Accessible on your computer or as a download for your smartphone, Twitter is the official application of the microblogging social network, find all the tweets on your mobile device.

  • Downloads:
    58
  • Release date :
    08/29/2022
  • Author :
    Twitter
  • Licence :
    Free License
  • Categories:

    Internet-Communications

  • Operating system :

    Android, Online service All Internet browsers, Windows, iOS iPhone / iPad

According to Reuters, the filing of the lawsuit comes just hours after the Delaware court decided to grant Twitter a five-day trial following their request. To avoid more loss of money, a quick judgment will take place from October 17 and will determine if Elon Musk is entitled to get out of the agreement he had found with the social network. The latter has not yet reacted or responded to requests from Reuters.

The Tesla boss was also sued by the shareholders of the “blue bird” network. Indeed, the latter demanded that Elon Musk honor his part of the contract, which consisted in giving approximately 54 dollars per share. They are seeking, on top of that, damages for all the financial losses he caused, because since the announcement of the takeover and then the withdrawal of the takeover, Twitter’s stock market action has only gone down. and fluctuate, not to mention lost advertising revenue. This real legal war is not ready to end.

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