Kate Conger

So there is an SEC investigation into his purchase, and it traces back to January of 2022 when he started accumulating shares in Twitter.

He was, you know, buying these kind of in secret, not announcing his position publicly.

And he was supposed to, once he hit the 5% ownership mark of the company, make a public announcement to say, you know, I've accumulated this 5% stake and I'm here.

I'm an activist in the stock, essentially.

And he did not do that.

You know, he just kept gaining more and more shares in Twitter, buying up more and more of the company.

And so the investigation is now that he

did not publicly disclose the fact that he was present as an investor and that he potentially continued to buy up Twitter shares at a discount because had he announced his position, the share price perhaps would have gone up.

And so that he's sort of done some market manipulation in the way that he's bought up shares in the company.

Yeah.

I mean, I don't know if I've ever worked on a more surreal story in my life.

It was just so weird, you know, because like Ryan was saying, there was this whole will he, won't he thing that dragged out in court over the summer.

And then he arrives at Twitter at Halloween randomly.

So the company is having its corporate Halloween party as he's in the other room signing the paperwork to buy it.

So there's this very weird scene playing out inside the building where there's like people running around in Halloween costume.

Some of them are sobbing.

Some of them are just trying to do business as usual and eat candy corn.

There's kids there for like a trick or treat situation.

So just like truly the most bizarre vibes possible.

Yeah.