12 Jul 2022

Twitter hires top law firm to sue Elon Musk

From Morning Report, 8:40 am on 12 July 2022

Twitter has hired a top law firm in its legal battle against Elon Musk for pulling out of his $44 billion deal to acquire the company.

The social media giant is planning to file a lawsuit against Musk this week, and has brought on Wachtell, Lipton, Rosen & Katz to take on the Tesla boss.

The firm is one of the leading litigation practices in Delaware, where the case will be tried.

Wedbush Securities managing director and a former Wall Street tech analyst Daniel Ives spoke to Susie Ferguson.