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US jury finds Elon Musk misled Twitter shareholders: media

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Published :  
14 hours ago|
  • A California jury rules Elon Musk misled Twitter shareholders ahead of his $44B buyout

A federal jury in California found Friday that tech titan Elon Musk misled Twitter shareholders by bashing the company as he was poised to buy it in a $44 billion deal, according to media reports.

The verdict in a class action securities lawsuit means the world's richest person could be ordered to pay as much as $2.6 billion in damages, CNBC and other news outlets reported.