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The Nexus
BUSINESSJul 6 · 19:02 UTCCOURTHOUSE NEWSMargaret Attridge

Judge scraps Musk’s attempt to toss Twitter fraud verdict

A federal judge rejected Elon Musk’s bid to overturn a jury’s verdict that found him liable for defrauding Twitter investors through misleading tweets during his 2022 $44 billion buyout. The judge denied Musk’s motion to decertify the class and upheld the jury’s finding that his May 13, 2022, tweet was materially false, while dismissing claims related to his May 17 tweet.

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