Elon Musk’s offer to purchase Twitter elated all advocates for free expression on social media. Musk is implementing a new plan designed to derail his $44 billion proposal to acquire Twitter.
Now, though, Musk has a different plan in mind.
Musk and his investment group were unable to gain from Twitter more accurate statistics on the actual number of bot and false accounts on the network.
The Post noted that Twitter’s attorneys are pushing for a four-day trial that would begin in September, while Musk wants to delay a trial date until at least February 2023.
“The core dispute over false and spam accounts is fundamental to Twitter’s value,” Musk’s attorneys said in a response to Twitter’s lawsuit on Friday. “It is also extremely fact and expert intensive, requiring substantial time for discovery.”
Musk has filed further lawsuits in response to the disagreement.
Friday, Musk filed a lawsuit as part of the continuing legal dispute.
The 164-page lawsuit was filed under secret shortly before the judge-mandated deadline of 5:00 p.m., thus its contents were not immediately accessible to the general public. According to court guidelines, a partially redacted version may be published the next week,” the New York Post said.
Musk’s petition stated, “I have reviewed the counterclaims and declare that the matter contained therein insofar as it concerns my acts and deeds is true, and insofar as it relates to the acts and deeds of any other person, I believe it to be true,”
Brian Poliakoff, a representative for Twitter, declined to comment.
J.B. Heaton, an investment analyst and former corporate attorney, told The Post that it is possible that Musk’s countersuit was filed under seal because it contains information Twitter shared with Musk under a non-disclosure agreement or other limitations.
“It’s almost certainly because they are including facts that they have gained under an expectation of confidentiality from Twitter,” Heaton stated.
More on this story via The Republic Brief:
Delaware Court of Chancery Judge Kathaleen McCormick will likely make the two sides agree on a partially redacted version that could be released to the public within a week, according to Heaton.
Twitter scored a major victory against Elon Musk as a judge granted its request for an expedited trial.
It will be a five-day trial beginning in October. The company originally asked for a four-day trial in September to have Musk “honor his obligations,” Yahoo Finance reported. CONTINUE READING…