The complaints focus on Musk’s conduct after signing the purchase agreement with Twitter’s board in April.
It’s alleged Musk make statements and sent tweets that put the deal in doubt, and drove Twitter’s stocks down.
It comes as the Tesla CEO says the deal “cannot move forward” without more information about automated accounts on the platform.
The lawsuit is a class action proposal brought by a small group of shareholders… they are seeking damages that would be distributed to anyone holding the company’s stock.
Twitter has declined to comment on the unfolding case.