Law360 (March 20, 2026, 6:11 PM EDT) -- A California federal jury found on Friday that Elon Musk committed securities fraud in a civil trial over claims the tech billionaire made false or misleading statements about Twitter's fake "bot" accounts problem in a bid to ditch or renegotiate his $44 billion deal to acquire the social media platform.

The jury, however, didn't find Musk liable based on the investors' claim of an overall "scheme to defraud Twitter investors."

A lawyer for the investors, Mark Molumphy of Cotchett Pitre & McCarthy LLP, estimated that the damages the jury awarded in the case would amount to about $2.6 billion.

Read more at: https://www.law360.com/trials/articles/2454653?nl_pk=3a3c639f-92f3-4bc9-9f8d-792eb3d57f22&utm_source=newsletter&utm_medium=email&utm_campaign=trials&utm_content=2454653&read_more=1&nlsidx=0&nlaidx=0?copied=1

(http://www.autoadmit.com/thread.php?thread_id=5848049&forum_id=2)#49758450)

that ugly immigrant rat is gonna be sued allover every blue state and juries are going to all find against him because he's so hated. 180

(http://www.autoadmit.com/thread.php?thread_id=5848049&forum_id=2)#49758459)