Lawyers for Musk , and Twitter Argue , Over the Exchange of Information.
On September 27, a preliminary hearing took place
in Twitter's legal case to force billionaire
Elon Musk to complete his $44 billion takeover.
Associated Press reports that the preliminary hearing comes three weeks before the actual trial is scheduled to begin.
Associated Press reports that the preliminary hearing comes three weeks before the actual trial is scheduled to begin.
In April,
Musk agreed to buy
Twitter and take it private.
In July, Musk backed out of the deal, claiming that Twitter had failed to provide adequate information regarding the number of fake accounts on the social media platform. .
In July, Musk backed out of the deal, claiming that Twitter had failed to provide adequate information regarding the number of fake accounts on the social media platform. .
Also in July, former head of security for Twitter
Peiter Zatco filed a whistleblower complaint with
Congress, the Justice Department, the Federal Trade
Commission and the Securities and Exchange Commission. .
AP reports that the complaint
outlines a number of
accusations against Twitter. .
Those accusations include claims that senior executives
made false claims and misleading statements
about Twitter's security, privacy and integrity.
Those accusations include claims that senior executives
made false claims and misleading statements
about Twitter's security, privacy and integrity.
Attorneys representing Twitter are seeking records of
all communications among Musk, his advisors and
co-investors that have involved Zatko since December.
Meanwhile, lawyers for Musk are looking to obtain more data and claim Twitter has withheld too much information as "privileged" or confidential.
Meanwhile, lawyers for Musk are looking to obtain more data and claim Twitter has withheld too much information as "privileged" or confidential.
Attorneys for Musk have also
accused Twitter of withholding
information on user metrics.