Twitter, Inc. (NYSE: TWTR) Securities Fraud Class Action
The verdict in this federal securities fraud class action lawsuit is on behalf of Twitter, Inc. (“Twitter”) (NYSE: TWTR) investors who (1) purchased or otherwise acquired Twitter put options between May 13, 2022 and October 4, 2022, inclusive (the “Class Period”); and/or (2) sold Twitter stock or call options during the Class Period.
Following a trial in March of 2026, a jury returned a Verdict finding that Twitter and Defendant Elon Musk violated federal securities laws by making a false and misleading statement about his acquisition of Twitter.
What’s the status of the Verdict?
On July 6, 2026, the Court granted Plaintiff’s Motion for Approval of Class Notice of the Verdict. The litigation website is active and open for claims.
Who can file a claim?
The class includes all persons or entities who:
- Purchased or otherwise acquired Twitter put options between May 13, 2022 and October 4, 2022; and/or
- Sold Twitter stock or call options during the Class Period.
How much are Class Members entitled to received?
Pro rata payment: Pursuant to the Jury Verdict, Class Members who file timely and valid Claim Forms that are approved are entitled to recover for their damages as calculated pursuant to the Verdict and Plan of Allocation. The amount each class member receives will depend on several factors, including:
- The number of valid claims submitted
- The number of shares options purchased and sold
- The dates of purchase and sale
- The price paid for the shares options and the price received upon sale
How do I file a claim?
The deadline to file a claim is November 24, 2026. To submit a claim and/or to find additional information regarding the terms of the Verdict and claim filing process, go to www.TwitterAcquisitionLitigation.com, or contact the claims administrator, Epiq Global, Inc., at 1-888-863-8101, or [email protected].
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected].
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.