Twitter (NYSE:TWTR), Musk and a Whistleblower

The Twitter (NYSE:TWTR) takeover saga by Elon Musk keeps on taking interesting turns. Following the testimony of Peter “Mudge” Zatko and the shareholder approval in favor of the deal, Musk has now cited security issues and Zatko’s testimony to wiggle out of the deal.

In his now amended counterclaim, Musk has alleged misrepresentation of the user metric and the number of spam accounts by Twitter.

Further, Mr. Musk has also pointed to misconduct at the company and noted the right to walk away from the $44 billion deal citing the testimony.

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