US judge rejects Elon Musk's bid to set aside Twitter fraud verdict

A US District Judge in San Francisco denied Elon Musk’s motion to decertify the investor class and granted the investors’ motion for prejudgment interest. The ruling increases the likelihood of a broader class recovery and adds potential incremental financial exposure, though no dollar amount was specified in the excerpt.

Analysis

A US District Judge in San Francisco denied Elon Musk’s motion to decertify the investor class and granted the investors’ motion for prejudgment interest. The ruling increases the likelihood of a broader class recovery and adds potential incremental financial exposure, though no dollar amount was specified in the excerpt.