Elon Musk under federal investigation: Twitter in court filing

October 14, 2022

Share via:

Twitter said in a court filing that Elon Musk is being investigated by federal authorities for his conduct in his $44 billion takeover deal for Twitter Inc.

The filing did not specify the scope of the investigations or which federal agencies are conducting them. The case was put on hold on October 3 by Delaware Chancery Judge Kathaleen St. J. McCormick, who gave Musk and Twitter until October 28 to finalise their agreement. Musk’s attorneys have asked McCormick to punish Twitter’s lawyers for destroying potential case-related evidence. Twitter, which sued Musk in July to force him to close the deal, said Musk’s attorneys claimed “investigative privilege” when refusing to turn over documents it had requested.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

Vedantu to acquire majority stake in Deeksha for $40 million

Next News

Zoomcar agrees to merge with Innovative International Acquisition Corp

Editorial Team

StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

Elon Musk under federal investigation: Twitter in court filing

October 14, 2022

, By Editorial Team

Tech

Twitter said in a court filing that Elon Musk is being investigated by federal authorities for his conduct in his $44 billion takeover deal for Twitter Inc.