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World’s richest man Elon Musk misled Twitter shareholders – US jury finds

The FrontierThe FrontierMarch 21, 2026 850 Minutes read0

•Elon Musk

A federal jury in California found yesterday that tech titan Elon Musk misled Twitter shareholders by bashing the company as he was poised to buy it in a $44 billion deal, according to media reports.

The verdict in a class action securities lawsuit means the world’s richest person could be ordered to pay as much as $2.6 billion in damages, CNBC and other news outlets reported.

… developing story 

 

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The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

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