Musk Subpoenas Dorsey, Former Twitter CEO, In Legal Dispute Over Purchase

Bloomberg — In his defense against the Twitter Inc. lawsuit (TWTR) which intends to force him to complete the purchase of the company for US$44,000 million, Elon Musk has quoted the former CEO of the social network, jack dorsey.

The also co-founder of Twitter, supported the offer presented by the tycoon, tweeting in April that Musk “It’s the solution I trust” to take control of the company. In 2021, Dorsey stepped down as Twitter’s CEO.

This Monday the documentation was presented in the middle of a wave of requests which also include the notification of the subpoenas that Musk, CEO of Tesla (TSLA), sent last Friday to Twitter’s former head of consumer products, Kayvon Beykpour and former director of revenue products, Bruce Falk.

I know they have summoned dozens of people, banks and investment funds in the legal battle unfolding in Delaware around the deal. The pressure to gather information and interview prominent personalities comes early to a streamlined schedule for the trial, scheduled for October 17 and lasting five days.

Musk says Twitter was not honest with him about the percentage of its customer base that is made up of spam and accounts of bots. Earlier this month, Musk accused the company of withholding the names of workers specifically responsible for evaluating that ratio. Twitter says that its complaints are a pretext for not completing the operation.

In principle, I don’t think anyone should own or run Twitter. It wants to be a public good at the protocol level, not a company. However, to solve the problem of being a company, Elon is the singular solution that I trust. I trust in your mission to spread the light of consciousness. jack (@jack) April 26, 2022

Beykpour was Twitter’s top product executive for years before the new CEO, Parag Agrawalunexpectedly fired him. It was their product team that was most directly responsible for expanding Twitter’s user base and is the quality of that base that Musk has questioned when trying to cancel the acquisition.

Falck is a former Google advertising executive (GOOGLE). Before hired by Twitter in 2017, He was CEO of the advertising technology company Turn. Before that, he was COO of BrightRoll, an advertising platform acquired by Yahoo.

Both Twitter and Musk they have sought information from a large number of people and investment firms that committed capital for the tycoon to carry out the purchase of the company, as well as the banks that advised to Musk and promised billions in funding.

The case is Twitter v. Musk, 22-0613, Delaware Chancery Court (Wilmington).

Read more at Bloomberg.com

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Musk Subpoenas Dorsey, Former Twitter CEO, In Legal Dispute Over Purchase