Date: 6 months ago   Category: Transport

Have filed a lawsuit against Elon Musk for exchange frauds — Rambler News Service


Photo: globallookpress.com the Founder of the Citron Research company, the investor Andrew Left have submitted a claim to the head of Tesla Elon Musk to federal court of California, having accused him of manipulation of the value of the stock of the company, CNBC with reference to claim materials reports. In the claim, notes TV channel, it is claimed that Musk manipulated the value of the stock of Tesla, publishing the false and misleading information. In particular, on August 7 Musk has published signing up in Twitter in which I have allowed a conclusion of Tesla from the exchange at the stock value of $420 for paper. He has also added that "financing is provided". On August 24 Musk has said that he refuses plans of repayment of the company and that Tesla will remain public. "We believe, Musk has made an attempt of manipulation of the cost of securities of Tesla by means of the false and misleading tweets to do harm to the sellers of securities selling short" — cites CNBC words of the partner of one of law firms of Left Michael Kenti. After Musk has said on August 7 that he wants to redeem shares of the company and to remove it from the exchange, shareholders of Tesla have submitted a collective claim to federal court in San Francisco, having said that Musk the messages about transformation of Tesla into the private company has caused sharp rate fluctuations of actions and has violated the law on securities.

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