Yeah I imagine the lawsuits from advertisers could be quite huge, and then there would also be SEC coming in to kick their ass a bit too.
hope high, expectation tempered
Yeah I could see advertisers eating the loss either because they knew about it or because they see the propaganda as valuable, but the SEC would likely step in for sure.
Who knows though, maybe everyone at the SEC is kiked to the nines and would just let it happen and not take action, but I doubt it a bit because I'm sure the shareholders will be nuclear-mad.
could go many different ways, but does seem like there will be repercussions
The nifty thing about acquisitions is disclosure. Not just disclosing what you officially know, but what a "reasonable man" would know. Twitter execs had to know most of their traffic was inorganic just by comparing the high follower, low response lefties still there vis-a-vis all the non-commies with 10x the interaction on 10% of the nominal followers.
Their advertisers were blatantly defrauded.
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