Lawsuit to Halt Elon’s Twitter 

Deal Dismissed

Orlando Police Pension Fund,

which holds Twitter shares, filed a lawsuit in an attempt to stop Elon Musk’s efforts to acquire the social media company

 This lawsuit was

 dismissed Friday, removing yet another hurdle to Musk and his potential Twitter buyout

It accused Twitter

 and its Board of Directors of “breaching its fiduciary duty” in accepting Musk’s offer. 

 The Tesla CEO

 quietly acquired a 9.2% stake in Twitter, making him the company’s single largest shareholder.  

The fund ultimately agreed 

to have the case dismissed “with prejudice,” which meant that it cannot sue Twitter again on the same claims in the future

Interestingly enough,

 the dismissal of the Orlando Police Pension Fund’s lawsuit comes amidst Musk’s long absence from Twitter

Elon’s Twitter Absence Is  Media

Messing with Mainstream