Elon Musk must face class action over late disclosure of Twitter stake, judge rules

Elon Musk must face class action over late disclosure of Twitter stake, judge rules | Reuters Lawyers for Musk did not immediately respond to requests for comment. Musk bought Twitter for $44 billion in October 2022 and renamed it X. NEW YORK, March 31 (Reuters) - A federal judge on Tuesday said former Twitter investors who accused Elon Musk of defrauding them by waiting too long to disclose his initial investment in the social media company may pursue their case as a class action. The decision by U.S. Dist ...