Apparently, Elon Musk was considering pulling out of his deal to acquire Twitter before the spam bot count issue arose.
On Tuesday, lawyers representing Musk and Twitter met for a court hearing to determine whether the allegations by whistleblower Peter “Madge” Zatko could be added to Musk’s case.
Aton. Musk accuses Twitter of neglecting its usual due diligence,” said Twitter attorney William Savitt. He urged the judge to prevent Musk from adding the whistleblower’s allegations to the case, but said if allowed, the trial should not be delayed by five days.
Savitt read Musk’s message to bankers in early May that was revealed during the lawsuit.
The lawyers argued that this was evidence that Musk was looking for a way out of the deal and that his initial allegations of bots and fake accounts were just an excuse to end the deal.
In July, Musk said he was pulling out of a deal to buy Twitter for $44 billion. Because Twitter misled him and the regulators about the true number of spam accounts or bots on the platform.
The two sides sued each other over the deal, which went on trial over five days in October.
Now, Musk’s lawyers want the trial postponed for several weeks to investigate a whistleblower’s claims about the safety of social media platforms, Musk’s lawyers told a judge on Tuesday.
“Wouldn’t justice take weeks to investigate it?” said Musk’s attorney, Alex Spiro.
Last month, Twitter’s former chief security officer accused the company of misleading regulators about its cybersecurity defenses and the fake account problem.
Musk, the world’s richest man, is using new information as new ammunition in a long-term effort to get out of a deal without paying a $1 billion split fee, legal experts say I’m trying to reinforce that.
Musk subpoenaed Zatco last week seeking information on how Twitter measures spam accounts and “Twitter’s involvement in illegal activity.”
Twitter dismissed Zatko’s accusations as “false stories” and its lawyers dominated the whistleblower’s accusations to cover up the fact that Zatko bought the company in a hurry without assessing the risks, accusing the billionaire of
At the hearing, Twitter’s lawyers portrayed Zatko as a disgruntled employee, saying he had a “big break” with the company and was “not responsible for Twitter spam.”
Twitter is asking a court to order Musk to buy the company for $54.20 a share, as Musk agreed in April.
On Wednesday, a judge granted Musk’s request to add the whistleblower’s allegations to his Twitter lawsuit, but denied the billionaire’s request for more time.
Source: Metro
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