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Musk can use whistleblower claims, but judge won't delay Twitter trial

Last month, whistleblower allegations provided Musk fresh ammunition to bolster what legal experts said was a long-shot attempt to walk away from the deal without paying a $1-bn termination fee

Photo: Bloomberg
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Photo: Bloomberg

Reuters Wilmington
Elon Musk's can use a whistleblower's claims in his legal case against Twitter Inc but the billionaire cannot delay the trial over his attempt to walk away from his $44 billion deal for the company, a judge ruled Wednesday.
 
"I am convinced that even four weeks' delay would risk further harm to Twitter," wrote Chancellor Kathaleen McCormick of Delaware's Court of Chancery, in affirming the trial will start next month.

Shares of Twitter rose about 4% in early Wednesday trading to $40.15.

"We are hopeful that winning the motion to amend takes us one step closer to the truth coming

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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