Twitter (NYSE:TWTR), Musk and a Whistleblower
September 16 2022 - 06:43AM
TipRanks
The Twitter (NYSE:TWTR) takeover saga by Elon Musk keeps on taking
interesting turns. Following the testimony of Peter “Mudge” Zatko
and the shareholder approval in favor of the deal, Musk has now
cited security issues and Zatko’s testimony to wiggle out of the
deal. In his now amended counterclaim, Musk has alleged
misrepresentation of the user metric and the number of spam
accounts by Twitter. Further, Mr. Musk has also pointed to
misconduct at the company and noted the right to walk away from the
$44 billion deal citing the testimony.
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