4 ms·

What happens in cases like this is that Musk will request the court for discovery of internal Twitter documents/emails/reports/etc to backup his claim that Twit

What happens in cases like this is that Musk will request the court for discovery of internal Twitter documents/emails/reports/etc to backup his claim that Twitter was aware that more bots existed in their BAU number than they reported. Twitter will object, but ultimately some degree of discovery will be allowed (with a more narrow scope), but it will pressure Twitter to settle for a lower purchase price because god only knows what kinds of incriminating shit lawyers will find in employee emails. Internal emails is always a big big random variable which can then spawn all sorts of unrelated lawsuits from discrimination, to regulatory fines, to executives' private life drama, etc... Even if Twitter is innocent - it is very easy for lawyers to intentionally misconstrue a vague email or threaten so with things found in discovery.

rchaud 4y ago
Yes I also think a settlement is where this is headed. But the bill be pretty high.
gamblor956 4y ago
Internal emails is always a big big random variable which can then spawn all sorts of unrelated lawsuits from discrimination, to regulatory fines, to executives' private life drama, etc... Given the NDAs that would apply to such discovery, were such information to exist and to become public, Musk would likely be imprisoned for contempt of court. Not simply fined. Imprisoned. And his lawyers would likely be suspended for a few months, if not disbarred. You don't mess with the courts, because they have the power to mess right back.
- ergocoder 4y ago
  Have you met https://twitter.com/TechEmails https://twitter.com/TechEmails ? Musk doesn't need to leak emails. The discovery by the lawyer team alone is probably scary enough. There is a high chance that twitter will settle for XB. At this point, it is just free money for twitter. Imagine Musk acquires twitter and exposes all internal emails (well, he owns the company) and sue execs one by one for every little thing that is wrong. Execs are earning 10M/year. For these people, money is not an issue. Getting into a scandal is a huge issue.
vba616 4y ago
Is it really possible to pursue a claim, if nothing you find in discovery can possibly be relevant to the case? The experts seem to think that it's virtually impossible a hypothetical misrepresentation rises to the level of a "material adverse event". It can't even be his motivation, since he is inherently admitting he doesn't have the evidence yet.

rchaud 4y ago

Yes I also think a settlement is where this is headed. But the bill be pretty high.

gamblor956 4y ago

Internal emails is always a big big random variable which can then spawn all sorts of unrelated lawsuits from discrimination, to regulatory fines, to executives' private life drama, etc... Given the NDAs that would apply to such discovery, were such information to exist and to become public, Musk would likely be imprisoned for contempt of court. Not simply fined. Imprisoned. And his lawyers would likely be suspended for a few months, if not disbarred. You don't mess with the courts, because they have the power to mess right back.

ergocoder 4y ago
Have you met https://twitter.com/TechEmails https://twitter.com/TechEmails ? Musk doesn't need to leak emails. The discovery by the lawyer team alone is probably scary enough. There is a high chance that twitter will settle for XB. At this point, it is just free money for twitter. Imagine Musk acquires twitter and exposes all internal emails (well, he owns the company) and sue execs one by one for every little thing that is wrong. Execs are earning 10M/year. For these people, money is not an issue. Getting into a scandal is a huge issue.

vba616 4y ago

Is it really possible to pursue a claim, if nothing you find in discovery can possibly be relevant to the case? The experts seem to think that it's virtually impossible a hypothetical misrepresentation rises to the level of a "material adverse event". It can't even be his motivation, since he is inherently admitting he doesn't have the evidence yet.