Musk sues law firm for overcharging Twitter when Twitter was suing Musk
Elon Musk is suing the lawyers who were representing Twitter when it sued him for trying to abandon his $44 billion takeover offer in 2022. Now the bill is due for suing himself, Musk, as owner of the social media platform, says it is too damn high.[PDF] in the Superior Court of California last week. His wish? To recoup a piece of the $90 million Twitter paid Wall Street law firm Wachtell, Lipton, Rosen & Katz before Musk took over and it became Twitter 2.0.
The plaintiff in the suit is X Corp, the corporation, to be clear, but Musk has been de facto owner since the transaction went through taking the listed company private at $54.20 a share – or $44 billion – on October 27 2022.
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