Elon Musk is suing the lawyers who were representing Twitter when it sued him for trying to abandon his $44 billion takeover offer in 2022. Now the bill is due for suing himself, Musk, as owner of the social media platform, says it is too damn high.[PDF] in the Superior Court of California last week. His wish? To recoup a piece of the $90 million Twitter paid Wall Street law firm Wachtell, Lipton, Rosen & Katz before Musk took over and it became Twitter 2.0.
The plaintiff in the suit is X Corp, the corporation, to be clear, but Musk has been de facto owner since the transaction went through taking the listed company private at $54.20 a share – or $44 billion – on October 27 2022.
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