Elon Musk's team earlier submitted a 164-page document to Twitter.Documents for counterclaim and defenseOn the other hand, Elon Musk was also sued by a Twitter investor, who believed that Elon Musk breached his fiduciary duties and caused his investment losses.
Prior to this, Elon Musk had indicated that he would terminate the $440 billion acquisition deal on the grounds that Twitter had not disclosed the actual data of the fake accounts. Twitter sued Musk, and the U.S. Delaware Court subsequently ruled that the case would be heard between October 10 and 17 this year.
Twitter has confirmed that it will launch the event at 9 am on September 13th.shareholders meeting, will be broadcast online for shareholders and investors who are unable to actually participate. Shareholders participating on site will be able to vote on the resolution regarding Elon Musk's $440 billion acquisition transaction.
In addition, Elon Musk was sued earlier by a Twitter investor, who believed that Elon Musk held approximately 9.6% of Twitter's shares, making him the largest individual shareholder of Twitter, and therefore had fiduciary responsibilities and obligations. He determined that Elon Musk's decisions caused his investment losses, and therefore requested compensation for this.
