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Reading: Twitter to Pay $809.5 Million to Settle Securities Suit
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The Wall Street Publication > Blog > Tech > Twitter to Pay $809.5 Million to Settle Securities Suit
Tech

Twitter to Pay $809.5 Million to Settle Securities Suit

Editorial Board Published September 20, 2021
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Twitter to Pay 9.5 Million to Settle Securities Suit
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Twitter Inc. said it agreed to pay more than $800 million to settle a consolidated class-action securities lawsuit alleging the social-media company deliberately misled investors about user engagement in 2015.

The San Francisco company on Monday said the proposed settlement would resolve all claims against Twitter and the other named defendants without any admission, concession or finding of any fault, liability or wrongdoing.

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