this post was submitted on 21 Mar 2026
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A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not "scheme" to mislead investors.

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[–] RIotingPacifist@lemmy.world 5 points 2 months ago* (last edited 2 months ago)

Hope the Saudis treat a fraudster as harshly as a journalist

[–] quarkquasar@lemmy.world 5 points 2 months ago

He must pay a pittance, to be paid in 20 equal installments of one-twentieth of a pittance each.

[–] melsaskca@lemmy.ca 5 points 2 months ago

Money no longer talks. You need hard time for these societal meddlers.

[–] mthomson@forum.macaque.social 4 points 2 months ago (1 children)

oh c'mon! didn't intentionally mislead investors? just accidentally. so they're saying he's an idiot?

[–] technocrit@lemmy.dbzer0.com 1 points 2 months ago

It's hard to prove intent against a billionaire. It would've been easy if he was a poor black dude.

[–] db2@lemmy.world 3 points 2 months ago

And now the people he owes will never be broke. They'll always have that money coming "some day".

[–] xenomor@lemmy.world 1 points 2 months ago

Can’t wait to see how the system fails to make him account for this, again.

[–] resipsaloquitur@lemmy.world 1 points 2 months ago
[–] gwl@lemmy.blahaj.zone 1 points 2 months ago* (last edited 2 months ago)

Nothing ever happens though, so he'll just take a loan and still be just as wealthy as he already was

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