In early April, the social media giant from twitter announcing the purchase of shares Tesla CEO Elon Musk lawsuit was filed.
twitter Twitter shareholders to Musk, who is on the agenda with the purchase of his shares “On the grounds that he announced the purchase of his shares late” sued.
Twitter shareholders Musk “by announcing the purchase of the shares late, the social media company prevented its shares from rising, and as a result, some shareholders suffered a loss” they claim.
Under the SEC’s rules, Elon Musk was required to announce his purchase of Twitter’s shares within 10 days of the purchase.
In this context, shareholders also claim that Musk should have announced his purchase of 5 percent of the company on March 24, but deliberately did not disclose it until April 4th.
No explanation has yet been received from Elon Mus or his lawyer regarding the case.
Elon Musk’s Twitter Adventure!
Tesla CEO Elon MuskAlthough criticizes social media giant Twitter on many issues, it became the agenda by buying the shares of the company.
Musk said that he would work with the twitter management and was looking forward to making big improvements on twitter in the coming months, but he surprised everyone by not accepting the board membership he was appointed.
Taking action on the innovations he thought on Twitter, Musk shared on Twitter to bring a new subscription system.
Popular meme token supported by his statements Dogecoin (DOGE) Motivating Musk in this subscription system dogecoin He stated that there might even be an option to pay with.
With these shares of Musk, there was an increase in the price of Dogecoin.