#shareholder-lawsuit
#shareholder-lawsuit
[ follow ]
#elon-musk #twitter-acquisition #securities-fraud #stock-manipulation #meta-platforms #privacy-violations
#elon-musk
Social media marketing
fromSilicon Canals
1 week agoElon Musk says his tweets are personal thoughts. A $44 billion trial tests who pays when markets disagree. - Silicon Canals
Elon Musk faces a shareholder lawsuit over Twitter acquisition statements, raising questions about responsibility for market impact of powerful individuals' public communications.
#securities-fraud
Toronto startup
fromFast Company
1 week agoElon Musk to testify in Twitter shareholder trial accusing him of deflating stock before $44 billion purchase
Elon Musk faces trial for allegedly making false statements about Twitter's bot accounts to drive down stock price before his $44 billion acquisition in 2022.
Toronto startup
fromwww.mercurynews.com
1 week agoElon Musk to take stand in Twitter shareholder trial accusing him of deflating stock before purchase
Elon Musk faces trial for allegedly making false statements about Twitter's spam accounts to drive down stock price before his $44 billion acquisition in 2022.
fromwww.theguardian.com
2 months agoParamount to nominate directors to Warner Bros board to vote against Netflix deal
Paramount Skydance plans to nominate directors to Warner Bros Discovery's (WBD) board to vote against the approval of its deal with Netflix, and filed a lawsuit seeking disclosure of financial information related to the $82.7bn (61.4bn) agreement. In a letter sent to WBD investors on Monday, Paramount said it will nominate directors for election at the company's annual meeting, which is usually held in June, to try to derail the deal with Netflix, which was agreed in December.
World news
fromInsideHook
3 months agoSome Investors Aren't Happy With Sketchers' Recent Sale
In September, an eminently recognizable footwear company changed hands - and went private as a result. Specifically, 3G Capital announced its purchase of Sketchers on September 12, which also marked the end of Sketchers' days as a publicly traded company. With that deal's completion now in the rear view mirror, details are beginning to emerge about how existing Sketchers shareholders fared as a result, and it turns out that not everyone is thrilled.That's led some Sketchers stockholders to file a lawsuit.
Business
fromThe Art Newspaper - International art news and events
3 months agoNew York gallery Sperone Westwater to close after 50 years amid lawsuit between co-founders
Sperone Westwater, the Bowery-based gallery that represents canonical figures including Francesco Clemente and Bruce Nauman, will cease operations at the end of this year. The closure, first reported by Artnet News, comes just two months after the gallery marked its 50th anniversary and three months after the gallery's co-founder, Gian Enzo Sperone, sued his fellow co-founder, Angela Westwater, seeking to dissolve the gallery, and alleging her "unlawful handling" of funds.
New York City
fromARTnews.com
3 months agoSperone Westwater Founders Are Locked in Legal Battle as Gallery Prepares to Close
Three months before yesterday's announcement that Sperone Westwater would close after 50 years in business, dealer Gian Enzo Sperone sued his cofounder, Angela Westwater, claiming he was in a "parasitic deadlock" with her after she wrested control of a corporation that has a 50 percent stake in the gallery. The suit also accuses Westwater of mishandling funds, withholding records from Sperone and gallery stockholders, and mismanaging rent payments for the gallery.
Arts
Privacy technologies
fromSiliconANGLE
9 months agoGoogle will invest $500M in compliance program to settle shareholder lawsuit - SiliconANGLE
Google is overhauling its regulatory compliance program to settle a shareholder lawsuit and address antitrust allegations.
The proposed compliance changes will restructure how regulatory practices are managed within the company.
[ Load more ]