Elon Musk has filed a confidential countersuit against Twitter over $44 billion (nearly Rs. 3.5 lakh crore) deal. The suit was filed after Delaware Court announced the dates for five-day trail scheduled for October in Musk vs Twitter legal battle. Musk, CEO of Tesla, abandoned the deal on July 8 citing incomplete information about bots as the reason.
Elon Musk countersued Twitter on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion (roughly Rs. 3.5 lakh crore) purchase, although the lawsuit was filed confidentially.
While the 164-page document was not publicly available, under court rules a redacted version could soon be made public.
Musk’s lawsuit was filed hours after Chancellor Kathaleen McCormick of the Delaware Court of Chancery ordered a five-day trial beginning Oct. 17 to determine if Musk can walk away from the deal.
Twitter did not immediately respond to a request for comment.
Also on Friday, Musk was sued by a Twitter shareholder who asked the court to order the billionaire to close the deal, find that he breached his fiduciary duty to Twitter shareholders and award damages for losses he caused.
