Former shareholders led by Marc Rasella said the delayed disclosure let Musk buy more Twitter shares at lower prices, while defrauding them into selling at…
Tesla CEO Elon Musk will face a lawsuit from former Twitter shareholders over his stake-building in the social media website amid allegations that he kept share prices low by failing to disclose his purchases.
Stock futures higher as markets look to earnings boost; JPMorgan earnings on tap as Dimon details Russia hit; Twitter shareholder sues Elon Musk over stake building disclosure; Cathie wood says Twitter revenue model maybe isn t right , trims holdings and PayPal shares slide as CF Rainey departs for Walmart.