Elon Musk sued by Twitter investors for ‘market manipulation’ during takeover bid

May 27, 2022 7:52 AM

NEW YORK (REUTERS) – Billionaire Elon Musk was sued by Twitter investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla mounts a US$44 billion (S$60.4 billion) takeover bid for the social media platform.

Source : https://www.straitstimes.com/business/companies-markets/elon-musk-sued-by-twitter-investors-for-market-manipulation-during-takeover-bid