Twitter to depose Elon Musk on Sept 26, 27
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Elon Musk will be deposed on Sept. 26 and 27 as part of Twitter's lawsuit seeking to force the Tesla chief executive to follow through on his $44 billion acquisition of the social media giant, according to a Tuesday court filing.
The filing adds that the Musk deposition may stretch into Sept. 28 if needed.
The two sides are locked in an increasingly vicious legal battle that has swept up some of the biggest names in Silicon Valley and Wall Street.
Subpoenas have been issued to billionaire Larry Ellison, the co-founder of Oracle, Intel's former Chief Executive Officer Robert Swan, and Twitter co-founder Jack Dorsey, who is currently chief executive of Block Inc.
A five-day trial is scheduled to begin on October 17 in Wilmington, Delaware.
Each side has accused the other of breaking the April takeover agreement. Twitter wants a judge to order Musk, who is chief executive of Tesla Inc and the world's richest person, to buy the company as agreed for $54.20 (roughly Rs. 4,300) per share.
On Tuesday, Bloomberg reported that court filings had revealed that Twitter co-founder Jack Dorsey would be deposed in the company's lawsuit that is set to begin next month. Ever since Musk and Twitter reached an agreement, Dorsey has been supportive of the takeover deal for the microblogging service. He was previously subpoenaed by the Tesla CEO in August and was to be questioned under oath by Twitter and Musk on Tuesday, according to the report.
Musk has reportedly accused the firm of concealing serious flaws in its data security. He has also alleged that Twitter hid from him that it was not complying with a 2011 agreement with the Federal Trade Commission (FTC) regarding user data, based on claims made by whistleblower and former security chief Peiter Zatko, who has also alleged that Twitter had allowed access to agents from foreign governments.
