The lawyers for those accusing Elon Musk and his company Tesla of defrauding investors are trying to remove the billionaire’s lawyer over a leaked letter.
According to a new report Reuters has filed a motion by plaintiffs’ attorney Evan Spencer to disqualify legal representatives for Musk and the electric car giant after a leaked private letter between the parties became public.
Spencer alleges that Alex Spiro, one of the lawyers who works for Quinn Emanuel Urquhart & Sullivan, the law firm representing the business tycoon, leaked a letter between them to The New York Post that “violated a host of ethical rules and showed that [Quinn Emanuel’s] continuing to defend this case poses a serious risk of trial contamination.”
In the letter, Spiro says the allegation against Musk that he owned a Dogecoin (DOGE) wallet was false and baseless. In addition, Spiro says the only evidence against Tesla’s CEO is circumstantial.
However, Spencer claims that Spiro lied to the media. Spencer said he had to perform “considerable damage control” after the “brutally false and bizarre” attacks on his character, according to Reuters.
Musk was originally hit with a $258 billion lawsuit in June 2022 from a group of disgruntled investors who claim their financial losses were due to Musk manipulating the price of the memecoin.
Earlier this month, the plaintiffs amended their claim, saying that Musk used his Twitter, his appearance on “Saturday Night Live” and other methods to influence DOGE’s price so he could profit.
They also allege that Musk sold the meme asset for $124 million after the price jumped 30% after he temporarily changed Twitter’s iconic blue bird logo to that of a Shiba Inu dog, the same dog in the Dogecoin family. logo.
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Featured image: Shutterstock/DM7/Natalia Siiatovskaia