 |  |  |  |  |
Florida pension fund sues Elon Musk over Twitter deal
| |||||||||
|
Florida pension fund sues Elon Musk over Twitter deal
| | |||||||
 |
 |
| | Thread Tools |
9th May 2022, 09:23
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,541
 |  Florida pension fund sues Elon Musk over Twitter deal Elon Musk's $44 billion buyout of Twitter is facing its first legal challenge. A Florida pension fund is suing Musk and Twitter, arguing that the deal can't legally close until 2025 due to the billionaire's stake in the platform. The proposed class-action lawsuit — filed today by the Orlando Police Pension Fund in the Delaware Chancery court— also declares that Twitter’s board of directors breached its fiduciary duties by allowing the deal to go through. In addition to Musk and Twitter, the lawsuit also named former Twitter CEO Jack Dorsey, current Twitter CEO Parag Agrawal and the company’s board as defendants. https://www.engadget.com/musk-twitte...8.html?src=rss |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| The UK is inviting Elon Musk to discuss his plans for Twitter | Stefan Mileschin | WebNews | 0 | 5th May 2022 08:05 |
| Engadget Podcast: Elon Musk basically owns Twitter now. What happens next? | Stefan Mileschin | WebNews | 0 | 1st May 2022 06:50 |
| Elon Musk is already at risk of violating a key provision of his deal with Twitter | Stefan Mileschin | WebNews | 0 | 28th April 2022 06:24 |
| Elon Musk buys Twitter | Stefan Mileschin | WebNews | 0 | 26th April 2022 06:25 |
| Elon Musk to buy Twitter for $44 billion | Stefan Mileschin | WebNews | 0 | 26th April 2022 06:23 |
| Elon Musk's Twitter bid is as well thought out as his tweets | Stefan Mileschin | WebNews | 0 | 18th April 2022 05:46 |
| Elon Musk offers to buy Twitter for $43 billion | Stefan Mileschin | WebNews | 0 | 15th April 2022 10:57 |
| Elon Musk will join Twitter's board of directors | Stefan Mileschin | WebNews | 0 | 6th April 2022 08:28 |
| Elon Musk reportedly backed out of SEC deal at the last second | Stefan Mileschin | WebNews | 0 | 1st October 2018 09:03 |
| Elon Musk Asks Twitter for Help with New Immigration Order | Stefan Mileschin | WebNews | 0 | 31st January 2017 06:18 |
| Thread Tools | |
| |
