Musk’s Lawyer Calms Twitter Staff Fearing Jail Risk for FTC Lapses
- Dismissed team provided security assurances to advertisers
- Layoffs triggered concerns about cyber threats, FTC violations
Elon Musk
Photographer: Natan Dvir/BloombergThis article is for subscribers only.
After losing thousands of employees and top compliance officials at Twitter Inc., Elon Musk’s deputies are racing to contain heightened concerns that staff will be held liable for security lapses.
Musk’s lawyer Alex Spiro, who is guiding the legal team following the billionaire’s acquisition, sought to reassure employees that they would not go to jail if the company is found in violation of a Federal Trade Commission consent decree, according to a message viewed by Bloomberg.