A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.

  • Ulrich@feddit.org
    link
    fedilink
    English
    arrow-up
    1
    ·
    11 hours ago

    I don’t understand what your point is. No one is saying it’s going to happen tomorrow. The point is that fines themselves aren’t the problem. The problem is corruption and cronyism. Fines are totally effective when implemented properly.