Musk bets big on beating shareholders at 'funding secured' trial
By Jody Godoy and Tom Hals
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By Jody Godoy and Tom Hals
Elon Musk is set to become the rare CEO to fight a securities class action at trial next week, where he will defend his 2018 tweet announcing he had "funding secured" to take Tesla Inc private.
The class action lawsuit comes as Warner Bros. Discovery shareholders have been reeling from a steep stock drop since the April merger.
/PRNewswire/ -- UNITED STATES DISTRICT COURT DISTRICT OF ARIZONA Ronald L. Jackson, as Trustee Under Agreement Dated 01/05/2012 by Ronald L. Jackson,...
A New York federal judge granted class certification to investors in AmTrust Financial Services Inc. and appointed Wolf Popper LLC as class counsel Thursday in a suit alleging the insurance company committed securities fraud.