Elon Musk and Twitter to Go to Trial Over Deal In October

“We are pleased that the court agreed to expedite this trial,” a Twitter spokesman said.

Alex Spiro, a lawyer representing Mr. Musk, said, “We’ll be ready.”

When Mr. Musk agreed to buy Twitter, he said that he would take it private and that the company had plenty of potential. But within weeks, he began arguing that Twitter had stymied his attempts to understand how many of the accounts on its platform were fake and said the company was not disclosing relevant information to him.

Twitter has said Mr. Musk was searching for a way out of the purchase as the stock market slumped. The company has said it worked with Mr. Musk to give him information about fake accounts.

In the hearing on Tuesday, Twitter pushed for the lawsuit to be resolved as quickly as possible. Bill Savitt, a lawyer for Twitter, said the “continued uncertainty” over the deal “inflicts harm on Twitter, every hour of every day,” and asked that a trial be scheduled in September. Postponements would allow Mr. Musk to run out the clock on financing for the deal, Mr. Savitt said.

Article source: https://www.nytimes.com/2022/07/19/technology/elon-musk-twitter-trial.html