Key facts
- A federal judge rejected Elon Musk's attempt to set aside a jury's fraud verdict.
- The verdict concerned Elon Musk's acquisition of Twitter.
- Elon Musk's acquisition of Twitter was valued at $44 billion.
- The judge denied Elon Musk's motion to decertify the investor class.
- A federal judge denied Donald Trump's request to delay a defamation judgment payment.
- The defamation judgment against Donald Trump is for $5.8 million.
- The judgment was awarded to E Jean Carroll.
- Donald Trump must pay the judgment by Tuesday or provide further arguments.
A federal judge has rejected Elon Musk's bid to set aside a jury's verdict finding him liable for defrauding Twitter investors during his $44 billion buyout of the social media company. The judge's decision means the verdict stands, and Musk's attempt to dismiss it has failed. Furthermore, the judge denied Musk's motion to decertify the class of investors who brought the lawsuit against him. This ruling upholds the jury's finding of fraud against Musk in relation to the Twitter acquisition.