And they’ve just breached their fiduciary responsibilities. Let the lawsuits begin.
CC
Sue ‘em to forever.
Since he’s a share holder, can’t he sue them?
Nothing will happen because Biden Department of Injustice and the weak SEC are all in the tank for the Socialist Democrats.
Instead, they're going right after Elon Musk.
Funny how the Socialist Democrats always do what they accuse others of, then do their level best to sic the full force of the Federal Government on their political enemies.
Let the lawsuits begin.
I suspect this is going to get ugly.
Consider the next shoe that may drop when the GOP takes back congress or another whistleblower within twitter drops another truth bomb about the inner deliberation. That will only fuel the lawsuits.
There is also another conundrum to consider that I am unsure if the SEC has ever dealt with....... does “ideology” trump fiduciary responsibility?
This might be plan B. Twitter to adopt a poison pill, trigger the poison pill, lawsuits to emerge, fire sale the 15%. Drive the stock to pennies on the dollar. Twitter dies.