Jury Finds Elon Musk Liable for Misleading Twitter Investors
Key Points: A San Francisco jury found Elon Musk liable for misleading Twitter investors with 2 tweets before he bought the company. The jury awarded damages between $3 and $8 per stock per day, totaling an estimated $2.1 billion. The jury cleared Musk of intentionally scheming to defraud investors and dismissed claims related to a podcast comment. The lawsuit focused on Musk's actions in 2022,...