Twitter denounced billionaire Elon Musk’s guilt before the courts this Monday. harm one’s interests with each passing day. The practice reiterated that litigation between both parties should be done “as soon as possible” to avoid further damage.

In documents submitted to Wilmington Court, which handled the case, the bluebird firm accused Musk of using it. tactics “calculated to complicate and confuse” period. He also accused him of “expanding” the damage caused by using the social network itself as a megaphone to attack the company.

“Under the cloud of suspicion created by Elon Musk, millions of Twitter shares are traded in the market every day. Never been exposed to a company of this size and scale. these uncertainties« pointed out the lawyers of the social networking firm.

Last Friday, Musk asked the court to act quickly in Twitter’s legal battle against them. force him to buy company for the agreed $44,000 million.

The billionaire has officially responded to a Twitter request through his lawyers. there is an “accelerated” process and said it will be resolved in a lawsuit in September. He argued that there was no reason to “hurry”.

Musk’s legal team “dispute over fake accounts and spam is critical to the value of Twitter.” He argued that “significant time” was required for the investigation and that it was “unnecessary” to keep a “dizzying schedule”.

In this sense, the billionaire requests a lawsuit not before February 13, 2023, noting that the financing he has for the operation is valid until April of that year.

trial judge Kathaleen McCormick He has scheduled a hearing in Wilmington next Tuesday, according to local media reports.

purchase canceled

Tesla’s founder notified the stock market regulator of his intentions a week ago. cancel twitter purchase In April, both sides agreed. He argued that the platform deceived him and did not give him the data he requested.

First of all, he referred to data on the number of fake accounts or “spam” (“bots”) found on the platform. The company is around 5% but sees it as an understatement.

But Twitter complied with the threat of a legal war last Tuesday and denounced the businessman in the Delaware Chancery Court. business disputestrying to find a judge to continue the operation.

In its complaint, Twitter accused Musk of disqualifying him, altering its operations, and diminishing value for its shareholders and others.contract gaps » This harms your business interests.

Twitter’s board accepted Musk’s $44 billion offer at the end of April, at $54.20 per share. The figure represented a significant premium on price then and now.