Feb. 23, 2026
Sealed hearing held over Musk bid to narrow investors' claims
Attorneys for Elon Musk urged a federal judge to bar plaintiffs from advancing a stock price "scheme" theory at trial, arguing it was not properly pleaded in the securities lawsuit over his Twitter acquisition tweets. The judge ordered a sealed hearing for the discussion.
Parties in the securities lawsuit against Elon Musk over his tweets during the acquisition of Twitter held a last-minute hearing under seal Friday to discuss a supplemental brief filed by the defense in an attempt to get Senior U.S. District Judge Charles R. Breyer to change his stance on plaintiffs' theory that Musk carried out a scheme to lower Twitter's stock price.
The hearing, which took place over Zoom, lasted 51 minutes, according to court records, and included a po...
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