Securities,
Civil Litigation,
Corporate
Aug. 15, 2018
Shareholders file proposed class action against Tesla, Musk
Tesla shareholders have filed a proposed class action against the company and CEO Elon Musk, alleging that tweets he sent last week about taking the company private improperly manipulated stock prices, damaging all positions.
LOS ANGELES -- Tesla Inc. shareholders filed a proposed class action against the company and CEO Elon Musk, alleging tweets he sent last week about taking the company private improperly manipulated stock prices, damaging all positions.
"We feel that short positions and long positions who were harmed will be remedied by our case, and we look forward to proceeding before a court," said Carl A. Roth of Browne George Ross LLP, who repres...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In