SAN FRANCISCO (CN) — A federal judge Monday rejected Elon Musk’s bid to sidestep a jury’s verdict finding the world’s first trillionaire defrauded Twitter investors in his $44 billion buyout of the social media platform in 2022.
U.S. District Judge Charles R. Breyer granted Musk’s motion for judgment as a matter of law as to statements he made on May 17, 2022, but denied the motion in all other respects.
The Bill Clinton appointee also denied Musk’s motion to decertify the class and granted the plaintiffs’ motions for prejudgment interest, approval of their proposed class notice and claims administration procedure.
Comments
No comments on this item Please log in to comment by clicking here