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I think Twitter Inc agrees with you, as they've made no request for damages. Shareholder lawsuits are weird; maybe someone who owns Twitter Inc stock could cla
by gojomo 4y ago
I think Twitter Inc agrees with you, as they've made no request for damages.
Shareholder lawsuits are weird; maybe someone who owns Twitter Inc stock could claim Musk's actions caused them to sell early, or otherwise suffer losses (margin calls?) due to his actions temporarily pushing the stock value below the deal price, even if the deal concludes. But I've not seen hints of any such stretches.
- piva00 4y agoI feel that statistically speaking there would be at least one shareholder (perhaps an employee) with a stop loss order that could've been triggered after Musk's shenanigans. Someone in this position had a material loss.