Tesla CEO Elon Musk has until Oct. 28 to close the Twitter deal before the Delaware Court of Chancery moves forward with a legal trial in November.
Parag Agrawal, CEO of Twitter, attends the Allen and Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho.
Musk's countersuit has accused Agrawal and other Twitter executives of misleading the board and investors about its efforts to contain spam and fake accounts. Musk also accuses Agrawal of covering up the company's security flaws disclosed by Zatko.Twitter former security chief Peiter"Mudge" Zatko In testimony before the Senate Judiciary Committee in September, Zatko claimed that Twitter was "over a decade behind industry security standards" when he joined the company and that foreign agents are "on the payroll" and can access user data.
Twitter, which fired Zatko in January for "ineffective leadership and poor performance," has said Zatko's allegations are "riddled with inconsistencies and inaccuracies" and lack important context.Dorsey, who co-founded Twitter in 2006 and stepped down from the chief executive officer role in November 2021,U.S. Securities and Exchange Commission,
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