2y ago

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

Judge rules Elon Musk's posts about bot accounts, poop emojis were 'false'

cross-posted from: https://kbin.social/m/news@lemmy.world/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.

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2y ago

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

lawandcrime.com /high-profile/judge-rules-elon-musks-posts-about-bot-accounts-and-poop-emoji-were-false-as-twitter-investor-lawsuit-moves-forward/

9 comments

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

9 comments