Did Elon Musk Just Beat Twitter? | Whistleblowing the House Down(VL708)

When Pieter "Mudge" Zatko decided to file a whistleblower complaint on Twitter's operations, it wasn't just the SEC, FTC, and DOJ who were listening. Now, Elon Musk has attempted to use that complaint as another line of attack to exit his proposed $44B deal for the company.

Will he succeed?

It may be that Elon just has to play out the clock...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/OVZEFkTHLyI

#elonmusk #twitter #deal

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CHAPTERS
00:00 Introduction
1:42 Twitter and Material Adverse Effects
5:18 Enter the Whistleblower
15:20 Musk Makes His Move
25:01 Waiting Out the Clock?
30:53 Conclusion

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Discussed in this episode:

YOUTUBE VIDEOS/PLAYLIST
https://www.youtube.com/playlist?list=PL1zDCgJzZUy_O52bErVCYZfVYMgVgu3nX

ARTICLES
https://web.archive.org/web/20220823100344/https://www.washingtonpost.com/technology/interactive/2022/twitter-whistleblower-sec-spam/
https://apnews.com/article/elon-musk-twitter-purchase-whistleblower-85634c5906d489d34143a6d83b4f4038

TWEETS
https://twitter.com/donie/status/1562069281545900033
https://twitter.com/HoegLaw/status/1562210129445113856

WHISTLEBLOWER LETTERS (MUSK AND TWITTER)
https://sec.report/Document/0001104659-22-095765/
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/3fe413e6-d931-4a33-98e9-2937a13b9f29.pdf

MERGER AGREEMENT
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/67572c16-711a-43fd-9488-b75e3f6bc469.pdf

TWITTER SUIT/ANSWERS
https://acrobat.adobe.com/link/track?uri=urn%3Aaaid%3Ascds%3AUS%3A0ef7d871-947c-3ed5-8b88-b3b582ee8d08
https://s22.q4cdn.com/826641620/files/doc_news/2022/08/Twitters-Reply-to-Verified-Counterclaims.pdf

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

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Twitter: @hoeglaw
Web: hoeglaw.com