Elon Musk intends to force Jack Dorsey, ex-CEO of Twitter, to provide a series of documents.
Elon Musk had the former Twitter boss handed over Jack Dorsey an injunction to provide a whole series of documentsas part of the battle he has launched to extricate himself from the social network’s $44 billion takeover deal.
According to documents made public on Monday, Mr. Dorsey was ordered to give Mr. Musk any records or communications in connection with the takeover agreement signed in April, as well as any information about fake accounts or how Twitter calculates the number of its active users. Mr. Dorsey stepped down as Twitter’s chief executive in November.
Attacks from both sides
Elon Musk, the richest man in the world, had signed a $44 billion deal to buy the social network, before breaking it unilaterally in early July. He thinks Twitter lied on the proportion of automated accounts and spam on its platform, and even claims that the social network has “frauded” by voluntarily increasing the number of monetizable accounts. The social network, he says that spam only represents less than 5% of users.
A trial is due to open on October 17 before the Delaware Court of Chancery, a court specializing in business law, and last five days.
As soon as the repurchase agreement was terminated, Twitter sued Mr. Musk to compel him to honor his promise. Elon Musk has counter attackwith a complaint in which he asks the court to release him from the agreement and to order Twitter to pay him damages.
Lawyers for both sides have been engaged in a bitter battle for weeks with subpoenas and injunctions to produce documents. A trial is due to start on October 17 in the Delaware Court of Chancery, a court specializing in business law, and last five days.