Elon Musk Sued by Twitter Shareholders Over Late Disclosure of Stock Purchases

David Harbour holds on tight to a suited up teddy bear while arriving at the Thom Browne Fall 2022 Fashion Show on Friday (April 29) in New York City.

Todd Spangler NY Digital EditorUPDATED: Elon Musk this week reaped $8.4 billion in a series of stock sales of Tesla, the electric car company he heads, evidently as part of raising money for his $44 billion deal to buy Twitter.Musk, , the world’s richest individual, sold more than 4.4 million shares of Tesla on April 26 and 27 at various prices of about $870-$1,000 per share, according to SEC insider transaction filings Thursday. Additional disclosures Friday showed that he sold another 5.4 million Telsa shares on April 28.

As witnesses continue to take the stand or testify via video in the ongoing Johnny Depp-Amber Heard defamation trial, it was recently revealed that two celebrities — James Franco and Elon Musk — will no longer be testifying in the case.  The witness list for the trial, which is expected to last six weeks, originally included Musk and Franco. However, Musk's lawyer confirmed to Fox News Digital that the Tesla CEO would not take the stand.

It appears Elon Musk will not be testifying in the Johnny Depp-Amber Heard defamation trial.  While Musk has been subpoenaed to hand over any and all communication he had with Heard about the "Pirates of the Caribbean" star, the tech boss will not be taking the stand on Heard's behalf.  Musk’s attorney, Alex Spiro, told Fox News Digital Wednesday his client will not testify.  During his testimony, Depp claimed he believed the Tesla boss was seeing his ex-wife while Depp and Heard were married.  A source with knowledge of the trial also claimed to the New York Post that James Franco, 44, will also be absent from the witness stand. Depp has also claimed Franco and Heard had an affair during Depp and Heard's marriage.  Reps for Franco did not immediately respond to Fox News Digital's requests for comment. Elon Musk name-dropped So, how does Musk factor into the Depp-Heard trial? Court documents claim that Heard began a romantic relationship with Musk just one month after the "Aquaman" actress, 35, tied the knot with Depp, 58.

Jordan Moreau Director Adam McKay’s Netflix film “Don’t Look Up,” which starred Leonardo DiCaprio, Jennifer Lawrence, Meryl Streep, Cate Blanchett, Mark Rylance and more A-listers, made a splash last winter for how the dark, political comedy eerily mirrored real life. The film tackled issues of climate change and media misinformation, and one fictional tech billionaire character hit even closer to home after Elon Musk and Twitter agreed to a $44 billion deal on Monday.“It’s dangerous,” Blanchett told Variety about Musk’s Twitter takeover, at the Chaplin Award Gala in New York on Monday. “That’s all I have to say, it’s very, very dangerous.”Rylance’s character, Peter Isherwell, an eccentric tech CEO who profits off a comet hurtling toward Earth, was based partly on Musk, Jeff Bezos, Mark Zuckerberg and Steve Jobs.

Todd Spangler NY Digital EditorTwitter is now in Elon Musk’s hands. What his successful maneuver to buy the company means for its 200 million-plus users — or for media and entertainment companies that use the platform to reach global audiences — is anything but clear.In the space of three weeks, Musk went from disclosing a 9.2% stake in Twitter to clinching a $44 billion deal for the company on April 25.

Elon Musk has made his dreams of owning Twitter come true after reaching a deal to buy the website for what’s been reported as $44 billion. The Tesla CEO shared his excitement in a press release on Monday.

Twitter announced on Monday that they have agreed to Elon Musk acquiring the social media platform for $44 billion, and now some of the biggest names in Hollywood are reacting to the change in ownership of Twitter. It appears stars have mixed feelings about Musk’s purchase.

Elon Musk's attempt to stage a takeover at Twitter appear to be gathering pace with the New York Times reporting on Sunday that the Tesla CEO has entered negotiations with the board of the social media company. This latest development follows Twitter's decision last week to take the "posion pill" option of diluting its stock in order to make any potential takeover prohibitively expensive.

FX’s The New York Times Presents has set its latest documentary feature, centered on controversial Tesla CEO Elon Musk.

Elon Musk is nearing a deal to buy Twitter, a television documentary about the polarizing businessman has been announced to premiere this May.Titled “Elon Musk’s Crash Course,” the upcoming film is the latest in FX and The New York Times’ collaborative documentary series “The New York Times Presents,” which provides in depth looks at prominent people and events, ranging from Janet Jackson to Juul to the 2020 Australian bushfire disasters. The series is best known for its two in-depth films about Britney Spears, “Framing Britney Spears” and “Controlling Britney Spears,” which helped contribute to the eventual end of the singer’s conservatorship.Directed by Emma Schwartz, “Elon Musk’s Crash Course” is an exposé into Musk’s company Tesla, and its work on self-driving cars.

Elon Musk is making a bid to buy social media giant Twitter. The billionaire owner of Tesla said he has lined up $46.5 billion in financing to buy the platform and negotiations between the two parties are understood to be underway.

Naman Ramachandran The 11-member Twitter board met on Sunday to consider billionaire Elon Musk’s $43 billion takeover offer for the social media company, according to reports.Musk “wooed many of the social media company’s shareholders with financing details on his $43 billion acquisition offer,” according to Reuters which quoted people familiar with the matter. “The company’s decision to engage with Musk… does not mean that it will accept his $54.20 per share bid,” according to Reuters.

Jazz Tangcay Artisans EditorWhen it came to recreating the offices of WeWork, the company that made and lost billions of dollars, production designer Amy Williams was told she could go as big as she possibly could.The communal office space world is depicted in the Apple TV+ series “WeCrashed,” which comes to an end on Friday. The show charts the rise and fall of founders Adam Neumann, played by Jared Leto, and his wife Rebekah Paltrow Neumann, played by Anne Hathaway.Williams was excited as a designer to dip into the big, luscious extravagant world. Creators Drew Crevello and Lee Eisenberg mentioned she would have to build the main headquarters set.

embroiled in controversy over one particular casting choice.Wednesday's new introduced the last five contestants yet to perform — including Frog Prince, Queen Cobra, Space Bunny, Baby Mammoth and Jack in the Box.After all the performances, it came time for the audience to vote and — after a particularly lackluster rendition of «Bad to the Bone» by George Thorogood and the Destroyers — it was Jack in the Box who got the boot.The panel of celebrity detectives — including Robin Thicke, Jenny McCarthy, Ken Jeong and Nicole Scherzinger — made their final guesses. However, no one came close to Jack in the Box's real identity.After the traditional chants of «Take it off,» Jack in the Box revealed himself to be none other than former New York Mayor and former Trump lawyer, Rudy Giuliani.The response to the reveal was mixed, to say the least.

Ellen Pompeo is a supportive of her Grey’s Anatomy co-star Jesse Williams – but she can’t quite see everything he does.

An interesting situation. Ellen Pompeo and Debbie Allen, Grey’s Anatomy mainstays, were eager to support former costar Jesse Williams’ Broadway debut — except they had one concern.

The Tribeca Festival has unveiled its 2022 lineup of 109 feature films from 40 countries and 88 world premieres including  Joachim Back’s Corner Office starring Jon Hamm and Somewhere in Queens, directed by Ray Romano starring Romano and Laurie Metcalf.