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Elon Musk under probe over Twitter deal

BBC
15 Oct 2022 00:00:00 | Update: 15 Oct 2022 02:53:49
Elon Musk under probe over Twitter deal

Elon Musk is under a federal investigation related to his $44 billion takeover deal for Twitter.

The news came from a court filing made public on Thursday about the latest in ongoing legal disputes between the billionaire and the social network.

While the filing said he was under investigation, it did not say what the focus was.

“This game of ‘hide the ball’ must end,” the company said in the court filing.

Mr Musk did not immediately respond to a request for comment.

It also said it had requested that Mr Musk’s attorneys produce their communications with federal authorities months ago, but they had not done so.

In late September, Mr Musk’s attorneys provided a “privilege log”, identifying documents to be withheld.

The log referenced drafts of a 13 May email to the US Securities and Exchange Commission (SEC) - the American regulator which enforces the law against market manipulation.

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