The jury selection process in the trial to determine if one of Elon Musk’s infamous tweets violated U.S. securities laws kicked off on Tuesday. The trial comes after Tesla’s shareholders sued Musk and Tesla’s board of directors in 2018, alleging that Musk illegally posted on Twitter that funding had been secured to privatize the electric vehicle company. Musk’s post, the shareholders say, artificially manipulated Tesla’s stock price. “Am considering taking Tesla private at $420…. Source link
Read More »Elizabeth Holmes defense accused of ‘gamesmanship’ for trying to weed out jurors
Theranos founder Elizabeth Holmes exits Robert F. Peckham U.S. Courthouse with her attorneys after the first day of federal court hearings, in San Jose, California, U.S. May 4, 2021. REUTERS/Kate Munsch A battle over who ends up on the jury that decides the fate of former media darling and Silicon Valley entrepreneur, Elizabeth Holmes, is heating up in the months before her criminal trial is set to begin. In a motion filed Monday, federal prosecutors accuse Holmes’ of “gamesmanship” for… Source link
Read More »Elizabeth Holmes’ lawyers want jurors untainted by intense media coverage of Theranos
Theranos founder Elizabeth Holmes exits Robert F. Peckham U.S. Courthouse after the first day of federal court hearings in San Jose, California, U.S. May 4, 2021. REUTERS/Kate Munsch Court documents filed Thursday in the federal criminal fraud case against former Theranos CEO Elizabeth Holmes reveal questions that her attorneys hope to pose in selecting the jurors who will decide the fate of the embattled Silicon Valley entrepreneur. The proposed questionnaire and jury instructions submitted… Source link
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