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   Message 26,357 of 27,547   
   turn left to All   
   Musk's countersuit against Twitter says    
   06 Aug 22 03:34:59   
   
   XPost: talk.politics.guns, alt.fan.rush-limbaugh   
   From: turnleft@twitter.com   
      
   Details of Elon Musk's countersuit against Twitter are being reported   
   ahead of Friday's official release by a judge.   
      
   Musk's 164-page countersuit is full of accusations around the validity of   
   the social media company's business claims, according to a copy obtained   
   by Insider.   
      
   It is the latest chapter in the saga between the billionaire CEO of Tesla   
   and Twitter since Musk announced his intention to pull out of a $44   
   billion agreement to buy the social media site.   
      
   The countersuit is another escalation of the ongoing legal fight over   
   Musk's attempt to back out of the deal.   
      
   ELON MUSK'S ANSWER TO TWITTER LAWSUIT TO BE MADE PUBLIC BY FRIDAY   
      
   The two sides are already scheduled to face off in an October trial in a   
   Delaware court over whether he is legally able to walk away from the deal.   
      
   Musk argues that he is entitled to drop the deal entirely, claiming he was   
   led to believe through Twitter's public assurances to investors that its   
   business, built around user metrics, was sound.   
      
   Musk claims they are far from it.   
      
   After pushing for more information from Twitter about how many bots or   
   spam accounts were on the platform, Musk decided to call off the deal in   
   July.   
      
   Musk is accusing the company of intentionally "miscounting" the number of   
   spam accounts it hosts in order to juice its user metrics "as part of its   
   scheme to mislead investors about the company's prospects."   
      
   He also claims that Twitter's reliance on the metric mDAU, or monetizable   
   daily active Twitter users, as a basis of revenue is misleading in and of   
   itself.   
      
   Twitter replied in a filing on Thursday in Delaware Chancery Court,   
   calling Musk’s reasoning "a story, imagined in an effort to escape a   
   merger agreement that Musk no longer found attractive."   
      
   "The Counterclaims are a made-for-litigation tale that is contradicted by   
   the evidence and common sense," Twitter's response says. "Musk invents   
   representations Twitter never made and then tries to wield, selectively,   
   the extensive confidential data Twitter provided him to conjure a breach   
   of those purported representations," according to The Associated Press.   
      
   Musk's counterclaims were initially not available to the public because   
   they allegedly contained private company information that needed to be   
   redacted, according to arguments from Twitter's lawyers.   
      
   The judge overseeing the case in Delaware Chancery Court said the suit   
   needed to be made public by Friday.   
      
   https://www.foxbusiness.com/markets/musks-countersuit-against-twitter-   
   says-he-wall-street-were-misled-report   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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