{"id":48021,"date":"2026-03-20T23:11:08","date_gmt":"2026-03-20T23:11:08","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/elon-musk-misled-twitter-investors-in-an-effort-to-try-to-lower-its-purchase-price-a-jury-finds\/"},"modified":"2026-03-20T23:11:08","modified_gmt":"2026-03-20T23:11:08","slug":"elon-musk-misled-twitter-investors-in-an-effort-to-try-to-lower-its-purchase-price-a-jury-finds","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/elon-musk-misled-twitter-investors-in-an-effort-to-try-to-lower-its-purchase-price-a-jury-finds\/","title":{"rendered":"Elon Musk misled Twitter investors in an effort to try to lower its purchase price, a jury finds"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/69a8a0761fb3fcb42648ee57?format=jpeg\" alt=\"Elon Musk San Francisco trial\"\/><figcaption>SAN FRANCISCO, CALIFORNIA &#8211; MARCH 04: Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Musk is on trial in a civil case for allegedly manipulating Twitter&#039;s stock price prior to his purchase of the company in 2022.<\/p>\n<p>Josh Edelson\/Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Elon Musk misled Twitter investors ahead of his 2022 purchase of the site, a jury found.<\/li>\n<li>Musk had complained about bots on the site in an effort to lower the company&#039;s value, the jury found.<\/li>\n<li>Damages in the case will be decided at a later date.<\/li>\n<\/ul>\n<p>A jury on Friday found that Elon Musk misled Twitter&#039;s shareholders in an attempt to lower the price of the social media platform prior to his purchase.<\/p>\n<p>The jury found that he made two misleading statements in the run-up to his acquisition of the social media site. They rejected two other fraud claims.<\/p>\n<p>Musk&#039;s complaints about bots on Twitter prior to his 2022 acquisition were intended to lower the company&#039;s value and score a better deal on his $44 billion takeover, the jury in San Francisco found.<\/p>\n<p>X, Elon Musk, his attorney, and an attorney representing plaintiffs did not immediately respond to requests for comment.<\/p>\n<p><em>This is a developing story. Please check back for updates.<\/em><\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAN FRANCISCO, CALIFORNIA &#8211; MARCH 04: Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Musk is on trial in a civil case for allegedly manipulating Twitter&#039;s stock price prior to his purchase of the company in 2022. Josh Edelson\/Getty Images Elon Musk misled Twitter investors ahead of his 2022 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48022,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-48021","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/48021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=48021"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/48021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/48022"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=48021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=48021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=48021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}