settlement

  • Twitter Will Pay $1.1 Billion Over Allegations Of Inflated User Growth

    Twitter Will Pay $1.1 Billion Over Allegations Of Inflated User Growth

    Twitter has agreed to pay $US809.5 million ($AU1.11 billion) to settle a lawsuit commenced in 2016 in the United States District Court for the Northern District of California that alleged Twitter and its execs misled investors about its user growth projections. The lawsuit alleged that Twitter and its execs knowingly concealed and made false statements…