Elon Musk and Twitter will head to court in Delaware on Oct. 17, and in the meantime are continuing their attacks.
Here's a rundown of the latest developments based on new, and some previously confidential, filings to the court from both parties:In a legal filing, Musk accused Twitter of including statements in its SEC disclosures that"were far from true." Through his corporate law firm Skadden-Arps, Musk said the social media company is"miscounting the number of false and spam accounts on its platform" to give a rosy picture to investors.
In response, Twitter said that Musk never brought up concerns about mDAU as a reason to terminate the deal. What Musk doesn't say is that he's been friends for years with former Twitter CEO Jack Dorsey. As CNBC reported inMusk also has a longstanding business relationship with Silver Lake, a financial firm run in part by Twitter board member Egon Durban.
Twitter attorneys alleged that"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."
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