A second group of Twitter shareholders sued Elon Musk
A second group of Twitter shareholders sued Elon Musk On Wednesday, Twitter shareholders filed another class action lawsuit against Elon Musk for violating corporate laws and damaging Twitter's share price. Elon has been sued by other shareholders on Twitter The current lawsuit is similar to a class action lawsuit filed by a shareholder on Twitter in April in New York. In both cases, CEOs of Tesla and SpaceX have been accused of failing to buy a 5% investment in Twitter shares in mid-March. While Musk is accused of violating U.S. Securities and Exchange Commission requirements by failing to report within 10 days, a complaint filed on Wednesday alleges the same failure is against California company law. . According to the lawsuit, Musk was able to buy the shares at a lower price with a delay and save $ 156 million. Musk is also accused of multiple violations of the law in a second-class lawsuit, including failing to disclose his plan to join Twitter's board and buy shares based