“Musk’s disregard for securities laws demonstrates how one can flaunt the law and the tax code to build their wealth at the expense of the other Americans,” the suit said.
It quoted another Wall Street Journal article that said Twitter, plagued by confusion about Musk’s shifting plans, has frozen its hiring, fired two senior executives and is suffering from what another executive described as a “chaos tax.”
Source: Twitter shareholder sues Elon Musk, says company is paying a ‘chaos tax’