Twitter sues prominent Democrat for instigating FTC probe

Twitter Subpoenas Sen. Elizabeth Warren Over Communications with Federal⁤ Agencies

Twitter has taken legal action to subpoena Sen. Elizabeth Warren ‍and obtain all documents and communications related to ⁤a letter ​she allegedly ​sent to the‌ Securities and Exchange Commission ‍(SEC) chair Gary Gensler. The⁤ subpoena‍ is​ part of an ongoing ‍dispute between Twitter, now known as X Corp, and Warren over her calls for an investigation into Elon ⁢Musk’s ownership of the company.

Earlier⁣ this week, Warren, a member ‌of several Senate committees, ⁢including Banking, House, and Urban Affairs, wrote a⁣ letter⁣ to Gensler⁤ urging the SEC to investigate Tesla and its‌ board of ⁤directors. She raised concerns about Musk’s ​dual roles as CEO of both Twitter and Tesla and questioned the effectiveness ⁣of the ⁣board’s ⁣corporate governance.

JUST ​IN: ⁢Senator Elizabeth Warren requests SEC investigation into Elon​ Musk’s ⁢Tesla over Twitter⁤ ties, alleging misappropriating assets and conflicts of interest. pic.twitter.com/J3Sw462gbd

— Watcher.Guru‌ (@WatcherGuru) July⁤ 17, 2023

Warren’s letter ‌and her public statements on Twitter ⁢have drawn attention and ⁢criticism from Musk and his supporters. In response, Twitter’s attorneys have filed a subpoena to ‍obtain all communications between Warren and ‍federal agencies, including the SEC.

Since Elon Musk took over Twitter, I’m concerned @Tesla‘s board has ⁣failed to manage conflicts of interest from his⁤ role as CEO ‍of Tesla ⁤& Twitter.

Tesla’s board has a legal obligation to ‍serve its shareholders. I’m urging @SECGov to investigate.https://t.co/YWaN9GcdDg

— ​Elizabeth Warren (@SenWarren) July 17, 2023

Twitter’s legal action is seen as an attempt to defend its reputation‌ and protect its interests. ⁣The company argues that the investigation into Musk and its consent order with the FTC has become‍ biased and needs to be reined ⁣in.

Musk, ⁢who acquired Twitter last year, has made significant ‌changes to ⁣the ⁣platform, including ⁣ending aggressive censorship, open sourcing the algorithm, and offering⁣ blue⁢ verified checks to paid subscribers. However, he has stepped back as‌ CEO and appointed Linda Yaccarino to lead the company.

The ‍legal battle between Twitter and Warren highlights the ‍ongoing ​tensions between tech ‌companies and lawmakers over issues of corporate governance and⁢ accountability.

Source: The Western Journal

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