Elon Musk and the Legal Ramifications of the Twitter Deal

Available for Interviews: Zaki Tamir

Zaki Issac Tamir, Esq., is an international lawyer the founder and managing partner of Tamir Law Group, practicing law in commercial and civil ligation, family law, and business/corporate legal counseling.

What Zaki Tamir can say in an interview about
The Elon Musk / Twitter Deal:

We should be concerned about what Elon Musk is going to do with Twitter and we should certainly be watching very carefully.
  • The federal lawsuit against Musk brought by Twitter investors essentially claims that Musk intentionally and unlawfully hid the fact that he was actively purchasing an increased amount of Twitter stock (more than 72 million shares to date) in order to mislead other investors about how much the stock was really worth. If Musk had disclosed that he purchased more than 9% of Twitter over the span of a few months, as he was legally required to do, the stock would have shot up in value because of the demand, and the “average Joe” investor could have made a pretty penny on the increased value that came as a result of the demand. When it was later discovered that Musk owns 9.1% of Twitter and intends to buy the company the stock shot up as expected by 27%.

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