Twitter's First Chance To Question Musk Under Oath Regarding His Decision
Next week, Elon Musk will be questioned for the first time by Twitter under oath about his attempts to back out of the $44 billion deal to acquire the social media giant.
On September 26 and 27, a deposition will be held in private at a legal firm in Delaware; it may go into a third day of questioning, according to a news agency.
Musk claims that Twitter purposefully overstated the number of users on its site in order to justify his desire to sever the contract. In the most recent modification to its countersuit, Musk's legal team added a highly explosive whistleblower complaint from a former Twitter security chief.
Twitter has countered that Musk is only seeking to terminate the deal due to financial considerations. Additionally, the company claims that the billionaire is attempting to access Twitter's internal information in order to build his own competitor.
Twitter requested access to all of Musk's texts pertaining to the acquisition in August. A text message made by Musk to his banker earlier this month, before he informed the firm of his intention to terminate the purchase agreement, was highlighted by Twitter's lawyers earlier this month.
The Tesla CEO stated in the text that he wants to "slow down" the deal because of worries about a potential Third World War with Russia. Some of Musk's closest friends have also been asked to provide texts and information by the corporation.
Twitter's lawyers have regularly complained about Musk and his legal team's noncompliance during the pretrial discovery process. The Delaware judge in charge of the case criticized Musk's attorneys earlier this month for their "suboptimal" efforts to locate witnesses who had knowledge of the transaction. According to court documents, Twitter's lawyers have also referenced occasions where Musk's legal team allegedly failed to turn over texts that had been subpoenaed but were ultimately turned over by other parties.