Both sides are girding for what will likely be a contentious and lengthy legal battle.
his $44 billion purchase of Twitter, both sides are girding for what will likely be a contentious and lengthy legal battle. Musk announced the reversal in a filing to the Securities and Exchange Commission on Friday. In a letter sent to Twitter, the Tesla CEO’s lawyer justified the move by accusing Twitter of failing to disclose sufficient data on the prevalence of fake and spam accounts on the platform.
In response, Twitter has retained Wachtell, Lipton, Rosen & Katz, a prominent New York law firm, to hold him to the agreement,In his first tweets on the impending court battle, Musk laughed off Twitter’s threats and assured his tens of millions of followers that the social media company’s executives have fallen into his latest ingenious trap.
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