Elon Musk Lawyer Cites Twitter’s Whistleblower Payment as New Reason to Drop $44 Billion Takeover

A lawyer for Elon Musk argued in a letter Friday to Twitter {that a} roughly $7 million fee the corporate made to a whistleblower provides the billionaire extra ammunition to stroll away from a $44 billion deal to purchase the social-media enterprise.

Twitter agreed in June to pay a settlement to Peiter Zatko, who served as the corporate’s safety head earlier than being fired in January. The settlement was accomplished days earlier than Mr. Zatko filed his whistleblower criticism in July, through which he accuses the corporate of failing to guard delicate consumer knowledge and mendacity about safety issues, The Wall Road Journal first reported.