In an SEC filing on Tuesday, Musk said his legal team informed Twitter of “additional grounds” for terminating the deal beyond those listed in the original termination notice issued in July. In a letter to Twitter Inc., which was included in the filing, Musk’s advisers cited the whistleblower report by former executive Peiter Zatko — also known by the hacker handle, “Mudge.” Zatko, who served as Twitter’s chief security officer until he was fired earlier this year, alleged in his complaint to US officials that the company misled regulators about its poor cyber defenses and its negligence in trying to root out fake accounts that spread misinformation. The letter, addressed to Twitter’s chief legal officer Vijaya Gadde, said Zatko’s allegations provide additional grounds to terminate the agreement if the July termination notice is “found to be invalid for any reason.” Musk has spent months claiming that the company he agreed to acquire accounted for its fake and junk accounts, meaning he doesn’t have to complete the $44 billion deal. Musk’s decision to back out of the deal sets the stage for a high-stakes legal battle in October.
title: “Elon Musk Cites Whistleblower As New Reason To Pull Out Of Twitter Deal Klmat” ShowToc: true date: “2022-12-16” author: “Tyrone Clark”
In an SEC filing on Tuesday, Musk said his legal team informed Twitter of “additional grounds” for terminating the deal beyond those listed in the original termination notice issued in July. In a letter to Twitter Inc., which was included in the filing, Musk’s advisers cited the whistleblower report by former executive Peiter Zatko — also known by the hacker handle, “Mudge.” Zatko, who served as Twitter’s chief security officer until he was fired earlier this year, alleged in his complaint to US officials that the company misled regulators about its poor cyber defenses and its negligence in trying to root out fake accounts that spread misinformation. The letter, addressed to Twitter’s chief legal officer Vijaya Gadde, said Zatko’s allegations provide additional grounds to terminate the agreement if the July termination notice is “found to be invalid for any reason.” Musk has spent months claiming that the company he agreed to acquire accounted for its fake and junk accounts, meaning he doesn’t have to complete the $44 billion deal. Musk’s decision to back out of the deal sets the stage for a high-stakes legal battle in October.
title: “Elon Musk Cites Whistleblower As New Reason To Pull Out Of Twitter Deal Klmat” ShowToc: true date: “2022-10-22” author: “Shirley Welling”
In an SEC filing on Tuesday, Musk said his legal team informed Twitter of “additional grounds” for terminating the deal beyond those listed in the original termination notice issued in July. In a letter to Twitter Inc., which was included in the filing, Musk’s advisers cited the whistleblower report by former executive Peiter Zatko — also known by the hacker handle, “Mudge.” Zatko, who served as Twitter’s chief security officer until he was fired earlier this year, alleged in his complaint to US officials that the company misled regulators about its poor cyber defenses and its negligence in trying to root out fake accounts that spread misinformation. The letter, addressed to Twitter’s chief legal officer Vijaya Gadde, said Zatko’s allegations provide additional grounds to terminate the agreement if the July termination notice is “found to be invalid for any reason.” Musk has spent months claiming that the company he agreed to acquire accounted for its fake and junk accounts, meaning he doesn’t have to complete the $44 billion deal. Musk’s decision to back out of the deal sets the stage for a high-stakes legal battle in October.
title: “Elon Musk Cites Whistleblower As New Reason To Pull Out Of Twitter Deal Klmat” ShowToc: true date: “2022-11-13” author: “Karin Burge”
In an SEC filing on Tuesday, Musk said his legal team informed Twitter of “additional grounds” for terminating the deal beyond those listed in the original termination notice issued in July. In a letter to Twitter Inc., which was included in the filing, Musk’s advisers cited the whistleblower report by former executive Peiter Zatko — also known by the hacker handle, “Mudge.” Zatko, who served as Twitter’s chief security officer until he was fired earlier this year, alleged in his complaint to US officials that the company misled regulators about its poor cyber defenses and its negligence in trying to root out fake accounts that spread misinformation. The letter, addressed to Twitter’s chief legal officer Vijaya Gadde, said Zatko’s allegations provide additional grounds to terminate the agreement if the July termination notice is “found to be invalid for any reason.” Musk has spent months claiming that the company he agreed to acquire accounted for its fake and junk accounts, meaning he doesn’t have to complete the $44 billion deal. Musk’s decision to back out of the deal sets the stage for a high-stakes legal battle in October.
