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Twitter Finally Agrees To Pay $809 Million To Settle Suit against Investors.

Twitter announced today being Monday that it will pay $809m to settle a 2016 lawsuit alleging members of the social network’s leadership, including founder Jack Dorsey, provided misleading information to investors about slowing user growth.

Uramah Media further gatherd more information that the claimed the defendants, such as former CEO Dick Costolo, did not disclose the full picture of the company’s state while they sold their personal shares in Twitter.“

The proposed settlement resolves all claims asserted against Twitter and the other named defendants without any admission, concession or finding of any fault, liability or wrongdoing,” the company said in a statement.

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