Sidebar

28
Mon, Nov

Twitter Legal Battle: Elon Musk Subpoenas Former CEO Jack Dorsey

Trending Now
Typography

The legal team of Elon Musk has subpoenaed former Twitter CEO Jack Dorsey, on Monday as the Tesla CEO prepares to battle the social media company in court later this year. Twitter is suing Musk to force him to buy the company for $44 billion after attempting to walk away from the purchase in July. Musk has since countersued the company. The subpoena follows a pair filed Friday for Kayvon Beykpour, former head of consumer product at Twitter, and Bruce Falck, formerly in charge of revenue product. The billionaire is rapidly marshaling documents and data to show that Twitter understated how much of its customer base is made up of spam and robot accounts. Since the world's richest person retreated from the purchase, dozens of people, banks, and funds have been subpoenaed by both sides in the legal fight playing out in Delaware. The push to gather information and interview important figures in the deal comes ahead of an expedited schedule for the trial, slated to begin on Oct. 17 and last five days.


Dorsey stepped down as Twitter CEO last November and handed the role over to the current Twitter Parag Agrawal. Dorsey has displayed his support for Musk in the past and previously tweeted that he believes the Tesla CEO is the "singular solution" he trusts to operate the company he co-founded.

Dorsey co-founded Twitter in 2006 and reportedly grew close to Musk, urging him to buy the company and take it private.

Back in April, shortly after Musk initially reached a deal to buy Twitter, Dorsey said: "In principle, I don't believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company. Solving the problem of it being a company, however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness."

"Elon's goal of creating a platform that is 'maximally trusted and broadly inclusive' is the right one,' Dorsey wrote. 'This is also @paraga's goal, and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path... I believe it with all my heart.'

BLOG COMMENTS POWERED BY DISQUS