Why are twitter shareholders suing Elon Musk?

Published

2 years ago

April 14, 2022

The shareholders say they missed out on the spike in stock price because Musk waited too long to reveal his position.

The matter was filed in Manhattan federal court.. with the shareholders saying Musk made “materially false and misleading statements and omissions” by withholding that he had invested in Twitter.

Under federal law he was required to disclose the information by March 24.

Twitter shares grew by 27 per cent at the start of April, reaching nearly 50 dollars following Musk’s stake reveal.

Previous shareholders say this allowed Musk to buy more Twitter shares at lower prices and pushing them into selling theirs at lower prices as well.

Through the lawsuit, former shareholders are seeking compensatory and punitive damages.

Unpacking crypto ‘prop trading’

Published

2 days ago

May 4, 2024

ticker NEWS

What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.

Money

The art of technical analysis

Published

3 days ago

May 3, 2024

ticker NEWS

How can we master the art of technical analysis in the crypto space?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne unpacks technical analysis and how it can up your crypto game.

Money

Crypto: the benefits of government regulation

Published

3 days ago

May 3, 2024

ticker NEWS

How can government regulation lead to greater trust and interest in cryptocurrency?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne discusses the benefit of increasing government regulation in crypto.