Lawsuits say ‘funding secured’ tweet broke securities laws and aimed to punish short-sellersTesla and Elon Musk were sued twice on Friday by investors who say they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private. The lawsuits were filed three days…
Source: The Guardian: Elon Musk and Tesla sued over ‘fraudulent scheme’ to go private

:: ::