Enlarge (credit: Bloomberg / Contributor | Bloomberg) Elon Musk's fight against Media Matters for America (MMFA)—a watchdog organization that he largely blames for an ad boycott that tanked Twitter/X's revenue—has raised an interesting question about whether any judge owning Tesla stock might reasonably be considered biased when weighing any lawsuit centered on the tech billionaire. In a court filing Monday, MMFA lawyers argued that "undisputed facts—including statements from Musk and Tesla—lay bare the interest Tesla shareholders have in this case." According to the watchdog, any outcome in the litigation will likely impact Tesla's finances, and that's a problem because there's a possibility that the judge in the case, Reed O'Connor, owns Tesla stock. "X cannot dispute the public association between Musk—his persona, business practices, and public remarks—and the Tesla brand," MMFA argued.

BING NEWS:
  • Tesla shareholders appeal securities case against Elon Musk
    Investors may get a second shot at their lawsuit after arguing that the jury who heard their case was issued faulty instructions.
    10/25/2024 - 2:34 pm | View Link
  • New records show Texas judge on X case didn't sell his Tesla shares after taking the suit
    The judge, Reed O’Connor, in Fort Worth, Tex., has rejected calls for him to step down from the high-profile case Musk filed against Media Matters, a watchdog group.
    10/16/2024 - 2:35 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News