Giuseppe Pampena v. Elon R.Musk

Good Law
United States District Court, Northern District of CaliforniaMay 13, 20253:22-cv-05937California2,217 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 GIUSEPPE PAMPENA, et al., Case No. 22-cv-05937-CRB (DMR)

Plaintiffs,

ORDER ON DISCOVERY OF THIRD

v. PARTY EXPERT REPORTS

ELON MUSK, Re: Dkt. No. 160 Defendant.

The parties filed a joint discovery letter regarding Plaintiffs’ demand for expert reports disclosed in Twitter, Inc. v. Elon R. Musk, et al. C.A. No. 2022-0613-KSJM (the “Delaware Action”). [Docket No. 160 (JDL).] This matter is suitable for determination without oral argument. Civil L.R. 7-1(b). For the reasons stated below, Plaintiffs’ motion to compel is granted. I. BACKGROUND In this securities class action, Plaintiffs allege that in April 2022, Defendant Elon Musk offered to purchase Twitter through what he called a “seller friendly” merger agreement, and Twitter accepted. [Docket No. 48 (Order on Motion to Dismiss) at 3-4]. According to Plaintiffs, Musk then made several misrepresentations to “artificially depress the price of…

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