Elon Musk dropping twitter deal

Elon Musk

According to Elon Musk legal team, the failure to obtain his permission before compensating Zatko provides even another legal justification for ending the April merger agreement he signed with Twitter.

Elon Musk:

Based on a version of the letter submitted to the Exchange commission, the company was alleged of failing to inform him about a multi-million dollar redundancy pay payment made in June to scheduled to leave security chief Peiter Zatko, who later lodged a complaint criticising Twitter’s security practices.

Twitter’s lawyer, William Savitt, said earlier this week that “my buddy seems to be suggesting that Twitter should have thoughtlessly told Musk that there exists a former campaign employee who made several charges that had been investigated and found to be without substance.”

“That makes no sense at all.”

An inquiry for comment on Twitter was not answered on Friday.

Elon Musk
Elon Musk dropping twitter deal

The claims made by the richest man in the world, Elon Musk, that he was cancelling the agreement because Twitter had deceived him about the number of bot profiles on its network have been refuted by the firm.

Musk might add August whistleblowing claims from Zatko, according to Kathaleen McCormick, chancellor of the Delaware court hearing the case, who issued a split decision earlier this week.

She rejected his plea to delay the lawsuit, stating that doing so “would risk significant harm to Twitter that is too great to justify.”

Since declaring in July that he was cancelling the acquisition of the firm after a difficult, tumultuous, months-long courting, Musk has been embroiled in a nasty legal dispute with Twitter.

In the Delaware court, the five-day trial is scheduled to start on October 17.