NEW YORK–(BUSINESS WIRE)–#Action–Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Twitter, Inc. (“Twitter” or the “Company”) (NYSE: TWTR) on behalf of Twitter stockholders. Our investigation concerns whether Twitter has violated the federal securities laws and/or engaged in other unlawful business practices.
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On April 4, 2022, Elon Musk disclosed that he had purchased over 73 million shares of Twitter stock—a 9.2% stake in the Company.
On this news, shares of Twitter stock surged on April 4, 2022, closing 27% higher than its closing price on April 3, 2022.
Investors who previously sold shares of Twitter stock between March 14, 2022, when Elon Musk should have disclosed his Twitter stock purchases, and before the actual April 4, 2022 disclosure potentially missed the resulting share price increase as the market reacted to Elon Musk’s purchases.
If you purchased or otherwise acquired Twitter shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra Raymond by email at email@example.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.