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Securities

Jan. 25, 2023

Elon Musk takes aim at securities class attorneys

“I do not believe they actually represent the shareholders,” the Tesla chief testified.

Elon Musk takes aim at securities class attorneys
Alex Spiro, a lawyer for Tesla CEO Elon Musk, enters the Phillip Burton U.S. Court House in San Francisco on Friday, Jan. 20. New York Times News Service

Elon Musk did not hide his disdain for opposing counsel during his final day of testimony in San Francisco on Tuesday. The Tesla Inc. chief executive officer frequently made barbed remarks toward the investor plaintiff class’ attorney, Nicholas I. Porritt of Levi & Korsinsky LLP, while he was being questioned by him.

“I’m being sued by a class action law firm from Texas that claims to represent the shareholders,” Musk said while being...

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