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What will be Elon Musk's primary legal defense in the Twitter shareholder lawsuit by December 31, 2024?
4
Resolution / Starting Odds
Mistake in disclosure • 25%
Misunderstanding of securities laws • 25%
Intent to defraud • 25%
Other • 25%
Court records and official announcements
Story
X Owner Elon Musk Seeks Dismissal of Twitter Shareholder Lawsuit Over Late Disclosure
Jul 5, 2024, 05:08 PM
Elon Musk, the owner of X, is seeking to dismiss a lawsuit filed by former Twitter shareholders, who allege that he waited too long in early 2022 to disclose his large ownership stake in the social media company. Musk argues that the delay in disclosure was a mistake and that he misunderstood U.S. securities laws, asserting that he did not intend to defraud investors. The case, involving the social media platform previously known as Twitter, is being heard by a New York judge.
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Dismissed • 25%
Settled • 25%
Judgment in favor of shareholders • 25%
Other • 25%
Denies Allegations • 25%
Settles or Pays Fine • 25%
Fights Legal Action • 25%
Other Response • 25%
Dismissed • 25%
Not Dismissed • 25%
Partial Dismissal • 25%
Other • 25%
Yes • 50%
No • 50%
File a countersuit • 25%
Seek settlement • 25%
Publicly criticize without legal action • 25%
Other legal actions • 25%
Comply with sanctions • 25%
File an appeal • 25%
Negotiate a settlement • 25%
Ignore sanctions • 25%
Yes • 50%
No • 50%
No further action • 25%
Additional fines • 25%
Regulatory changes • 25%
Other outcomes • 25%
Yes • 50%
No • 50%
Formal request for resignation • 25%
Proposal for reduced role • 25%
No action taken • 25%
Other actions • 25%
Musk/X found guilty • 25%
Musk/X found not guilty • 25%
Case dismissed • 25%
No legal action taken • 25%