Lawyers for Musk didn’t reply to a request for remark. Nor did attorneys for the traders, led by Brian Belgrave, a small-business proprietor from Oregon. This is just not the primary time Musk has discovered himself in authorized hassle for his tweets. But he was in a position to beat a 2023 lawsuit introduced by…
Elon Musk arrives at federal court docket on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California discovered that Elon Musk defrauded Twitter shareholders through the runup to his $44 billion acquisition of the social media firm, in keeping with a verdict issued on Friday. Total damages might…
A jury has discovered Elon Musk answerable for deceptive investors by deliberately driving down Twitter’s stock value within the tumultuous months main as much as his 2022 acquisition of the social media firm for $44 billion. But it absolved him of some fraud allegations, discovering that he didn’t “scheme” to mislead investors. The civil trial…
March 12, 2026, 4:16 p.m. ET More than 400,000 individuals will obtain checks as a part of a $47.2 million settlement in opposition to one of many nation’s largest landlords, in accordance to the Federal Trade Commission (FTC). The FTC announced the settlement on Wednesday, March 11, saying funds would go to clients of the…