Elon Musk Twitter Stock Price Manipulation Complaint

May 25, 2022

Elon Musk’s proposed buyout of Twitter has repeatedly been in the news, alternately seeming sure and in jeopardy. But the complaint for this class action brings suit on behalf of Twitter shareholders, against both Musk and Twitter, alleging that Musk has tried to manipulate the price of the stock and to deliberately depress it, harming other Twitter stockholders, in order to improve the terms of the deal for himself.