Elon Musk under investigation over Twitter deal (2 photos)

17 October 2022

It all started with the fact that Elon Musk in April concluded with the company Twitter agreement to buy the social network for $44 billion. Deal was supposed to be completed before the end of the year, but in July, Musk said that withdraws from the agreement. He referred to the fact that the representatives Twitter did not provide the required information.





American businessman Elon Musk was under investigation US authorities because of the deal with Twitter. Musk corresponded with federal authorities about the deal and Twitter requested these correspondence. Avocat Mask before have not yet provided this information. Twitter wants these papers as they "concern key issues in this lawsuit", clarifies RG.

The company even asked a state judge to force the lawyers to provide correspondence.



In early October, Musk nevertheless announced that he was ready to resume deal, but did nothing for it. Twitter investor Giuseppe Pampena I am sure that Musk was bluffing and simply manipulating the prices of the company's shares. It follows from the lawsuit that Musk's "fraudulent and illegal actions" collapsed the shares of the social network, caused damage to the company's investors, improving this position of the billionaire in the negotiations.

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