>waiving due diligence rights
Pop legal quiz - does "waving due diligence rights" during an acquisition remove the other party's liability for fraud they've committed against the prospective buyer?
Pop legal quiz - does "waving due diligence rights" during an acquisition remove the other party's liability for fraud they've committed against the prospective buyer?
Musk literally tweeted about the « bot problem » on Twitter before the acquisition.
What fraud though?
If Mudge's allegations are true that Twitter has been defrauding the public in their reporting, failing to abide by the terms of a federal consent decree, and generally turning a blind eye to real problems to prop up their image, then "waived due diligence" or not, Musk has an out from the acquisition, and cause for a significant tort claim.