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A significant number of the cases notably derive from the actions of the company's CEO, Elon Musk, who is also party to many of his own lawsuits. [3] TSLAQ, a loose collective of anonymous short-sellers and skeptics of Tesla and Elon Musk, regularly discusses and shares news of these lawsuits on Twitter and elsewhere. [4]
The SEC also sued Musk in 2018 over his Twitter posts about taking Tesla private. He settled that lawsuit by paying a $20 million fine, agreeing to let Tesla lawyers review some posts in advance ...
Elon Musk's lawyer said his client had been offered a settlement to resolve an SEC investigation over allegations he failed to properly disclose the sizable stake he was building in Twitter back ...
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Former Twitter executives sued Musk and X Corp. for US$128 million in unpaid severance in March 2024. In the filing, the plaintiffs alleged that Musk had acted in revenge against them personally. [3] A district judge dismissed Musk's bid to dismiss the case on November 1, 2024. [4]
Philadelphia's top prosecutor, Larry Krasner, sued Elon Musk in an effort to stop his Trump-backed PAC from conducting daily, $1 million giveaways to swing state voters in the run-up to the Nov. 5 ...
On April 12, Twitter's board met with lawyers and financial advisors to deliberate the ramifications of such a deal as well as their options, [6] while a company shareholder sued Musk for allegedly manipulating the company's stock price and violating Securities and Exchange Commission (SEC) rules.
A Tesla investor sued Elon Musk and the company board over the CEO's "erratic" tweets. Musk's tweets cost the company billions and violated an SEC settlement, the lawsuit alleged.