Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
US judge rejects Musk's attempt to set aside Twitter fraud verdict
short by Vaishnavi Mishra / on Tuesday, 7 July, 2026
A federal judge rejected Elon Musk's bid to overturn a jury verdict finding he defrauded Twitter investors by attempting to depress the company's stock price during his $44 billion takeover. "Speaker's…change of ​heart…[does] not justify lying to the investing public," the judge said. Lawyers for the investors estimate Musk could face up to $2.6 billion in damages.
read more at Reuters