#pampena — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #pampena, aggregated by home.social.
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Musk's appeal of Giuseppe #Pampena v. Elon R. #Musk (Class action judgment for telling untrue stories about upcoming sale of Twitter that depressed the price.) has a case number, 26-4928, at the Ninth Circuit.
https://www.courtlistener.com/docket/73708639/pampena-et-al-v-musk/
The original jury trial case was at:
Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California. https://www.courtlistener.com/docket/65412803/giuseppe-pampena-v-elon-rmusk/
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Musk's appeal of Giuseppe #Pampena v. Elon R. #Musk (Class action judgment for telling untrue stories about upcoming sale of Twitter that depressed the price.) has a case number, 26-4928, at the Ninth Circuit.
https://www.courtlistener.com/docket/73708639/pampena-et-al-v-musk/
The original jury trial case was at:
Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California. https://www.courtlistener.com/docket/65412803/giuseppe-pampena-v-elon-rmusk/
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Update in Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California. This is a #ClassAction #lawsuit over #Twitter stock price shenanigans due to Musk's tweets critical of the deal he initiated and waived due diligence on. #LawFedi
2026/04/03 Doc 557 Class Action Judgment
> This action was tried by a jury with the Honorable Charles R. Breyer presiding. The jury rendered its verdict on March 20, 2026, finding that defendant Elon Musk committed securities fraud by violating §10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(b) promulgated thereunder.
> ① [ORDER in favor of this class:] All persons and entities who sold the publicly traded stock or call options, or purchased the put options, of Twitter, Inc. during the period from May 13, 2022 through October 4, 2022, both dates inclusive (the “Class Period”), and who suffered damages by Defendant’s violations of § 10(b) and of the Exchange Act.
> ② [ORDER if you wanted out of the class, you're out]
> ③ [ORDER Elon needs to pay out for the calculated losses]
> ④⑤⑥ [ORDER under supervision of this court]
2026/07/06 Doc 590 Order on Post-Trial Motions
> Buyer’s remorse is not an exception to the securities laws.
> For the foregoing reasons, the Court
> ⑦ GRANTS Musk’s motion for judgment as a matter of law for Musk’s May 17 tweet and
> ⑧ DENIES the remainder of the motion. The Court also
> ⑨ DENIES Musk’s motion to decertify the class. The Court
> ⑩ GRANTS both Plaintiffs’ motion for prejudgment interest and motion for approval of class notice of verdict and claims administration procedure.2026/07/30 Doc 591 Elon Musk files a notice of appeal. Why? Because $Billions. Does he have a plan? Maybe???
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Update in Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California. This is a #ClassAction #lawsuit over #Twitter stock price shenanigans due to Musk's tweets critical of the deal he initiated and waived due diligence on. #LawFedi
2026/04/03 Doc 557 Class Action Judgment
> This action was tried by a jury with the Honorable Charles R. Breyer presiding. The jury rendered its verdict on March 20, 2026, finding that defendant Elon Musk committed securities fraud by violating §10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(b) promulgated thereunder.
> ① [ORDER in favor of this class:] All persons and entities who sold the publicly traded stock or call options, or purchased the put options, of Twitter, Inc. during the period from May 13, 2022 through October 4, 2022, both dates inclusive (the “Class Period”), and who suffered damages by Defendant’s violations of § 10(b) and of the Exchange Act.
> ② [ORDER if you wanted out of the class, you're out]
> ③ [ORDER Elon needs to pay out for the calculated losses]
> ④⑤⑥ [ORDER under supervision of this court]
2026/07/06 Doc 590 Order on Post-Trial Motions
> Buyer’s remorse is not an exception to the securities laws.
> For the foregoing reasons, the Court
> ⑦ GRANTS Musk’s motion for judgment as a matter of law for Musk’s May 17 tweet and
> ⑧ DENIES the remainder of the motion. The Court also
> ⑨ DENIES Musk’s motion to decertify the class. The Court
> ⑩ GRANTS both Plaintiffs’ motion for prejudgment interest and motion for approval of class notice of verdict and claims administration procedure.2026/07/30 Doc 591 Elon Musk files a notice of appeal. Why? Because $Billions. Does he have a plan? Maybe???
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More coverage of Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California.
> Musk faces damages upward of $2.6 billion, which is — on paper — chump change for him. When the jury found against him, his Quinn Emanuel lawyers called the verdict a “a bump in the road” and promised that Musk would be vindicated.
> The vindication is running behind schedule.
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More coverage of Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California.
> Musk faces damages upward of $2.6 billion, which is — on paper — chump change for him. When the jury found against him, his Quinn Emanuel lawyers called the verdict a “a bump in the road” and promised that Musk would be vindicated.
> The vindication is running behind schedule.
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Update in Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California. This is a #ClassAction #lawsuit over #Twitter stock price shenanigans due to Musk's tweets critical of the deal he initiated and waived due diligence on. #LawFedi
https://www.courtlistener.com/docket/65412803/giuseppe-pampena-v-elon-rmusk/
Doc 590: That the jury played back a 420 (marijuana) joke that Elon Musk himself made doesn't show bias, but that the jury was paying attention. Verdict stands.
> Buyer’s remorse is not an exception to the securities laws. These laws, in their essence, are about trust. Trust that the country’s financial markets are fair, honest, and transparent. The market always picks winners and losers, but it is vital that those outcomes are free of manipulation.
> Even if the speaker has a change of heart or a momentary regret about a transaction, such qualms do not justify lying to the investing public.
> This is a case about a breach of trust by Elon Musk.
— page 1
> Next, the number 420 is not necessarily indicative of prejudice against Musk. He asserts that 420 is negatively associated with him but does not offer any evidence to support it. To the contrary, 420 is a reference to cannabis/marijuana. .... One need only walk around San Francisco on April 20 to observe how prevalent the celebration can be. What’s more, a joke about 420 played a role in the trial. .... Consequently, it is also possible that a jury in San Francisco recognized and appreciated the joke — just as Musk has.
— Page 24
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Update in Giuseppe #Pampena v. Elon R. #Musk (22-cv-05937) District Court, N.D. California. This is a #ClassAction #lawsuit over #Twitter stock price shenanigans due to Musk's tweets critical of the deal he initiated and waived due diligence on. #LawFedi
https://www.courtlistener.com/docket/65412803/giuseppe-pampena-v-elon-rmusk/
Doc 590: That the jury played back a 420 (marijuana) joke that Elon Musk himself made doesn't show bias, but that the jury was paying attention. Verdict stands.
> Buyer’s remorse is not an exception to the securities laws. These laws, in their essence, are about trust. Trust that the country’s financial markets are fair, honest, and transparent. The market always picks winners and losers, but it is vital that those outcomes are free of manipulation.
> Even if the speaker has a change of heart or a momentary regret about a transaction, such qualms do not justify lying to the investing public.
> This is a case about a breach of trust by Elon Musk.
— page 1
> Next, the number 420 is not necessarily indicative of prejudice against Musk. He asserts that 420 is negatively associated with him but does not offer any evidence to support it. To the contrary, 420 is a reference to cannabis/marijuana. .... One need only walk around San Francisco on April 20 to observe how prevalent the celebration can be. What’s more, a joke about 420 played a role in the trial. .... Consequently, it is also possible that a jury in San Francisco recognized and appreciated the joke — just as Musk has.
— Page 24