Twitter will pay $809 million to settle a class-action securities lawsuit it misled investors about user engagement


Link: Business Insider
Date: 2021-09-20

Why

To avoid bigger losses and save their name, after they purposely tried to hide numbers that could affect their valuation.

How

Avoided a verdict paying out alot of money and use "business" strategy to hide information that was not in it's favour.

Opinion

Never trust a company to be truly honest and transparent when it is not in it's favour. Always question what is given, seen or taken, otherwise the world would be flooded with important information swept under the carpet.