In San Francisco last week a jury found Elon Musk guilty of securities fraud relating to tweets during the purchase of what was then Twitter.
In the US, if the Govt. is not interested in prosecuting such investment frauds, shareholders can take private action (as they have).
While of little financial consequence to Musk the likely demand of $2bn damages will be interesting to watch.
Another lawsuit has yet to conclude but both suggest that investors have had enough of Musk.
#ElonMusk
h/t FT
Anarchist Library: **Javier Sethness & Jihad al-Haqq - Against Orthodoxy and Despotic Rule**
https://theanarchistlibrary.org/library/javier-sethness-against-orthodoxy-and-despotic-rule-a-review-of-islam-and-anarchism?v=1767135225
Author: Javier Sethness & Jihad al-HaqqTitle: Against Orthodoxy and Despotic RuleSubtitle: A Review of Islam and AnarchismDate: 20 January 2023Source: <www.thecommoner.org.uk> & <www.twitter.com>
The project of advancing anarchist reinterpretations of history
:geordi_dislike: x.com
:geordi_dislike: twitter.com
:geordi_like: xcancel.com
GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.
All GNU social JP content and data are available under the Creative Commons Attribution 3.0 license.