Another legal win for Elon Musk, Twitter takeover lawsuit thrown out
Edited By WION Video Desk
Published: May 23, 2023, 23:00 IST | Updated: May 23, 2023, 23:00 IST
A proposed class action lawsuit accusing Elon Musk of cheating Twitter shareholders has been thrown out by US District Judge in San Francisco. The lawsuit in fact claimed Elon Musk's belated disclosure of a significant stake in Twitter in fact allowed him to purchase additional shares at a lower price before the acquisition was announced. It also led to closing of the deal occurred much later than anticipated causing harm to the share holders.
trending videos
)
Cyclosporiasis cases surge across United States
)
US-Iran war: 'US hit our nuclear plant' Iran makes explosive claim amid war
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
New UNESCO wonders worldwide, Mayan legends & a bike chef in Denmark
)
Jeanine John Taele arrested ahead of Trump's fundraiser event
)
92% of US adults don't go to a doctor as healthcare is too expensive
)
UK govt faces pressure over 'grooming gang' leader's release
)
Art meets nature in Australia
)
Trinity of cosmic events send ominous warning to the world
)
China's travel boom hits reality
)
120 Bahadur, Border, Uri: The Surgical Strike: The Changing Face of Indian War Films
)
Student protests: Has the Government put delimitation bill on back-burner?
)
Paris state prosecutor opens inquiry into workplace bullying
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections
)
Central Bank Policy Will Depend on Oil Price
)
Russia-Ukraine war: Ukraine accuses Russia of war crime as drone chases civilian
)
Ancient microbes found under ice | 'Blood falls' turns red with rust, colour not caused by algae
)
Ghana considers harsher punishments for LGBTQ+ community
)
Pakistan's Deadliest Month of 2026 | Terror Attacks Surge Across Balochistan & Khyber Pakhtunkhwa
)
Estonian village turns into symbolic kingdom: Seto community keeps ancient tradition alive
)
'Blood Falls' turns red with rust, colour not caused by algae
)
Chandipura virus: Gujarat reports 35 Chandipura virus cases
)
US immigration crackdown: Indian truckers face uncertainty over plan
)
Michigan: Record Floods Expose Vulnerabilities
)
Airfares soar as fuel costs stay high
)
Spain migrant crisis: Migrants surge following viral social media posts
)
How West Asia Conflict Affects India
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
UK AI tests reveal models used deception, fake identities
)
Ranbir Kapoor Makes Time 100 Most Influential List | Ranbir Kapoor to Play Lord Rama
)
China: Bitchat Taken Down Over Regulatory Orders | Still Available Outside China
)
Global Finance Leaders to Meet Amid War Shock
)
Jeanine John Taele detained ahead of Trump fundraiser
)
The White Paper identifies China as Japan's strategic challenge
)
India: Rameshbabu Vaishali Secures 2026 Women’s Candidates Victory
)
Solar eclipse, perseid meteor shower, six planet parade on aug 12
)
Guatemala on alert: Fuego volcano erupts, 659 people evacuated
)
Are Trump's economic weapons failing?
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
Sudan Civil War: UN Warns of Regional Spillover, 700 Killed in Drone Strikes
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel
)
Is Al Jazeera also run by kafirs? What is Pakistan trying to hide?