Elon Musk was found liable for defrauding Twitter shareholders by making misleading statements to intentionally drive down the company's stock price during his 2022 acquisition. Although he was ...

A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the ...

Musk is separately in talks to settle a US Securities and Exchange Commission civil lawsuit accusing him of waiting too long ...

The verdict was a rare loss for Mr. Musk, who investors claimed had tried to drive down the share price of the social media company, now called X, to renegotiate his $44 billion offer.

A jury in California found that Elon Musk misled Twitter investors in the runup to his $44 billion purchase of the social ...

A California jury on Friday largely sided with Twitter shareholders who accused billionaire Elon Musk of making false statements and intentionally driving down the social media company’s stock ahead ...