The closely watched civil trial focused on billionaire Elon Musk’s claims about the number of bots on Twitter.

A jury has found Elon Musk liable for defrauding investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media ...

Elon Musk was misleading in his public statements during a crucial period of his 2022 Twitter takeover, a jury has found. After two days of deliberations, a jury in San Francisco federal court decided ...

While finding that Musk did not engage in a specific scheme to defraud shareholders, the jury cited two of Musk’s tweets, ...

At the time, Musk had tweeted that Twitter had too many bots, which is why he was trying to renege on his commitment to buy the company.

A group of former Twitter investors have prevailed at a federal civil trial over Elon Musk's actions amid his $44 billion acquisition of the social platform in 2022. A jury in San Francisco found ...

The jury rejected other allegations that Musk had engaged in a coordinated “scheme” to defraud Twitter shareholders.

Investors had sued Mr. Musk, claiming the billionaire tried to drive down the share price of the social media company, now called X, to renegotiate his $44 billion offer.

A jury in California found that Elon Musk misled Twitter investors in the runup to his $44 billion purchase of the social ...

Elon Musk is liable for misleading Twitter shareholders in 2022 but did not intentionally defraud investors, a jury found.