{"id":829994,"date":"2024-07-06T09:44:54","date_gmt":"2024-07-06T04:14:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=829994"},"modified":"2024-07-06T09:44:54","modified_gmt":"2024-07-06T04:14:54","slug":"elon-musk-suggests-late-twitter-disclosure-was-a-mistake-seeks-to-end-lawsuit","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/06\/elon-musk-suggests-late-twitter-disclosure-was-a-mistake-seeks-to-end-lawsuit\/","title":{"rendered":"Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit"},"content":{"rendered":"<p>Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying &#8220;all indications&#8221; show his delay was a mistake.<\/p>\n<p>In a late Wednesday night filing in Manhattan federal court, Musk called it implausible to believe he wanted to defraud shareholders who didn&#8217;t know he had taken a 9.2% Twitter stake, and missed out on big gains because they sold their own stock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying &#8220;all indications&#8221; show his delay was a mistake. In a late Wednesday night filing in Manhattan federal court, Musk called it implausible to believe he wanted to defraud shareholders who didn&#8217;t know he had taken a 9.2% Twitter stake, and missed out on big gains because they sold their own stock.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-829994","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=829994"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829994\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=829994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=829994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=829994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}