Twitter announced over the weekend that it is suing Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Elon Musk’s $44 billion purchase of its social media company.
Twitter’s parent company, X Corp., said that there were unjust payments related to Elon Musk’s $44 billion acquisition of the company last year.
The lawsuit said Wachtell Lipton took “funds from the company cash register while the keys were being handed over,”
Twitter’s previous management hired the firm to try to block the acquisition.