Elon Musk asks court to move Tesla shareholder trial to Texas over potential juror bias
last spring when federal judge Edward Chen concluded that Musk had “recklessly made the statements with knowledge as to their falsity.” The upcoming trial will determine whether Musk’s tweet affected the automaker’s stock price and if he should be held accountable for potential damages.
“Musk’s concerns are unfounded and his motion is meritless,” Nicholas Porritt, one of the lawyers representing Tesla shareholders, told the Associated Press. “The Northern District of California is the proper venue for this lawsuit and where it has been actively litigated for over four years.” On Saturday, Judge Chen told the two sides he would hear Musk’s request on January 13th.
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
12 Times Elon Musk Replied Lovingly to Elon Musk Quotes on TwitterOh Elon, you’re so funny. No, Elon, you’re the one that’s funny. Oh wait, we’re both Elon!
Leer más »
Elon Musk attorneys aim to move trial from California to Texas, citing ‘local negativity’Elon Musk and Tesla are set to face a jury in a shareholder class action that claims the CEO manipulated Tesla’s stock in 2018.
Leer más »
Elon Musk attorneys try to move trial from California to Texas, citing ‘local negativity’Attorneys for Tesla and Elon Musk are asking a federal judge in San Francisco to move, or delay, a forthcoming trial from Northern California to Western Texas, saying they won’t be able to find unbiased jurors and citing “local negativity” toward Musk.
Leer más »
Elon Musk says he can't get fair trial in California, wants TexasElon Musk has urged a federal judge to shift a trial in a shareholder lawsuit out of San Francisco because he says negative local media coverage has biased potential jurors against him.
Leer más »
Tesla investor accuses Elon Musk of tanking the stockInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Tesla owners ditch brand over Elon Musk's Twitter anticsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »