The Delaware Court of Chancery will hold a hearing in a lawsuit brought by Luigi Crispo against Musk et al

This letter confirms that the hearing on the defendants’ motion to dismiss will be held on Monday, September 19, 2022, beginning at 11:00 a.m.

An audio feed of this hearing, provided by CourtScribes, will be available through the following public access lines:
(774) 267-2687
(617) 829-7274
(774) 267-7226
(774) 267-7876
(774) 267-7689

Each line allows up to 1,000 phones to connect; if one does not work, try another. The standard instruction applies: Aside from our Court of Chancery Court Reporter, no one (i.e., no party, counsel, member of the press, or any other attendee) may record the hearing in any manner (i.e., video, audio, or otherwise).

Engadget reported on the suit

It’s not only Twitter that’s trying to force Elon Musk to buy the company for $44 billion. An investor filed a proposed class action lawsuit to try stopping Musk from backing out of the deal. Luigi Crispo’s suit accuses Musk of breach of contract and breach of fiduciary duty to Twitter’s shareholders, according to Bloomberg. It claims he offered feeble “rationales for reneging on his contract.” Two “corporate acquisition entities” connected to the deal are also named as defendants.

(Mike Frisch)