After Elon Musk acquired maximum Twitter shares, many issues were raised. Elon recently claimed that the Twitter Board of directors would be breaching their fiduciary duty if they behaved contrary to shareholders’ interests. Many Twitter users have replied to that statement, including Ran NeuNer, who said that Elon Musk should sue Twitter because they need to be shaken out. Elon Musk wants to buy all the stocks of Twitter that are still available for $54.20 per share, which is about $43B. Elon Musk made this material public by submitting it to the SEC for review. And as the 2nd biggest shareholder you should sue them. I really think it’s time for a serious shake out twitter. The culture is rotten! https://t.co/Q6GgUysNK4 — Ran NeuNer (@cryptomanran) April 15, 2022 Musk also stated that he believes Twitter has tremendous opportunities that he can realize. In the filing, he stated that he would have to reevaluate his status as a shareholder if his offer was rejected. Nonetheless, this approach appears to be met with some opposition from other stockholders. Elon Musk, on the other hand, who appears to have a sizable shareholder base on his side, posted on Twitter that if the present Twitter board of directors takes measures that are counter to shareholder objectives, they will be in breach of their fiduciary duties. They’d be taking on a massive liability as a result. Ran NeuNer’s Reply to Elon Musk’s Comment According to Ran Neu...
