[Elon Musk Rare Legal Defeat: Found Liable for 'Misleading Investors' During Twitter Acquisition] Odaily Planet Daily News – A federal jury in San Francisco, on the 20th local time, ruled that American entrepreneur Elon Musk was responsible for intentionally depressing Twitter's (now renamed X) stock price and 'misleading investors' during his 2022 acquisition of Twitter. However, the jury dismissed allegations that Musk was involved in 'orchestrating' a scheme to defraud investors. The lawsuit was filed before Musk took over Twitter. The jury was tasked with determining whether two tweets Musk posted in May 2022, along with his remarks on a related podcast, constituted 'intentional fraud against Twitter shareholders.' After nearly four days of deliberation, the nine-member jury concluded that Musk was liable for 'misleading investors' with the two tweets but found that his podcast remarks did not constitute misleading behavior, nor did he intentionally 'orchestrate' a fraud against investors. This verdict marks a rare legal defeat for Musk. His legal team has stated they will appeal the decision. Musk announced in April 2022 his intention to acquire Twitter for $44 billion but declared the termination of the acquisition agreement on July 8. Twitter filed a lawsuit against Musk on July 12, accusing him of breaching the agreement and causing significant losses to the company. (Reuters)