The Twitter Attorney Informs the Court that Claims of phony Accounts have not been supported by Musk
The Twitter lawyer informs the court Claims that there are phony accounts that have not been supported by Musk.
Wilmington: Elon Musk’s review of Twitter Inc’s accounts by his advisers did not support the billionaire’s claim that the number of fake users was “significantly higher” than 5%, as he claimed when he said he was ending his Twitter acquisition. In July, a lawyer posted on Twitter. He said. He told the judge on Tuesday.
Twitter’s attorney told a Delaware judge that documents obtained from two data scientists working for Musk showed that they estimated the number of fake accounts on the platform in early July at 5.3% and 11%.
“None of these analyzes, as far as we can tell, remotely support what Mr. Musk said on Twitter and told the world in his termination letter,” said attorney Bradley Wilson.
Musk and his lawyer did not immediately respond to a request for comment.
Musk and Twitter are locked in a court battle and the company is seeking an order from Musk to close the deal at $54.20 per share. Company shares closed Tuesday at $42.09, up 1.4%.
They are scheduled to stand trial beginning October 17 in Wilmington, Delaware’s Chancery Court.
Musk agreed in April to buy Twitter for $44 billion, but complained within weeks that the number of bot accounts was much higher than Twitter’s estimate of less than 5% of users.
On July 8, Musk said the true figure was “significantly higher” and that company misled him, allowing him to withdraw from the deal without penalty.
Wilson brought up the data scientists’ report during a hearing in which both sides asked the judge to order the other side to hand over more letters or documents, a process known as discovery.
Also on Tuesday, a court notice said Musk’s filing would be pushed back from this week to October 6-7.
Musk’s statement is expected to be a major part of the litigation. In his previous testimony, he was combative under oath.
Brian Quinn, a professor at Boston University Law School, said the timing of the comments was important and that company would be better off delaying an interview with Musk until after they had obtained his communications.
“You will block your best witnesses to the end, for as long as possible, until you have all the discovery,” Quinn said.
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