Description: In TechWatch, there is a new twist in the Elon Musk-Twitter saga. The company’s largest stakeholder is now facing a lawsuit accusing the billionaire of market manipulation. The suit alleges that the world’s richest man illegally delayed disclosing his stake in the company in order to purchase more shares at a lower price. CBS News technology reporter Dan Patterson has more.

Source: CBSNews.com – video report

Date: Apr 12, 2022

Link: https://www.cbsnews.com/video/elon-musk-accused-of-market-manipulation-over-twitter-stake/

Questions for discussion:

• Summarize the reasons Elon Musk is being accused of market manipulation.
• What is your view on the matter?
• What do you believe will happen?