<p>Elon Musk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint from former security head of the social media firm as another reason to scrap the $44 billion deal.</p>.<p>Last week, Peiter Zatko, a famed hacker known as "Mudge", said in his complaint that Twitter prioritized user growth over reducing spam and falsely claimed it had a solid security plan.</p>.<p>If the allegation are true, then Twitter has breached some of the provisions of the merger agreement, Musk and his legal team said in a letter dated August 29.</p>.<p>Twitter, however, said in its regulatory filing the fresh termination notice was invalid and wrongful under the deal terms.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/musk-subpoenas-twitter-whistleblower-in-buyout-battle-1140614.html" target="_blank">Musk subpoenas Twitter whistleblower in buyout battle</a></strong></p>.<p>Musk has also subpoenaed Zatko, seeking information mostly about the way the microblogging site measures spam account.</p>.<p>Musk decided to terminate the deal in July, saying the company misled him and regulators about the true number of spam or bot accounts on the microblogging platform.</p>.<p>His legal team said allegations on certain facts, which were known to Twitter prior to July 8 but were not disclosed to them, provide additional and distinct bases to end the deal, according to a regulatory filing by Musk on Tuesday.</p>.<p>The latest turn of events comes as the two sides head to a five-day trial at the Delaware Court of Chancery set to begin on October 17. Twitter is asking Chancellor Kathaleen McCormick to order Musk to buy it for the agreed $54.20 per share.</p>.<p>Twitter shares were down 2.5 per cent at $39.02 before the bell.</p>
<p>Elon Musk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint from former security head of the social media firm as another reason to scrap the $44 billion deal.</p>.<p>Last week, Peiter Zatko, a famed hacker known as "Mudge", said in his complaint that Twitter prioritized user growth over reducing spam and falsely claimed it had a solid security plan.</p>.<p>If the allegation are true, then Twitter has breached some of the provisions of the merger agreement, Musk and his legal team said in a letter dated August 29.</p>.<p>Twitter, however, said in its regulatory filing the fresh termination notice was invalid and wrongful under the deal terms.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/musk-subpoenas-twitter-whistleblower-in-buyout-battle-1140614.html" target="_blank">Musk subpoenas Twitter whistleblower in buyout battle</a></strong></p>.<p>Musk has also subpoenaed Zatko, seeking information mostly about the way the microblogging site measures spam account.</p>.<p>Musk decided to terminate the deal in July, saying the company misled him and regulators about the true number of spam or bot accounts on the microblogging platform.</p>.<p>His legal team said allegations on certain facts, which were known to Twitter prior to July 8 but were not disclosed to them, provide additional and distinct bases to end the deal, according to a regulatory filing by Musk on Tuesday.</p>.<p>The latest turn of events comes as the two sides head to a five-day trial at the Delaware Court of Chancery set to begin on October 17. Twitter is asking Chancellor Kathaleen McCormick to order Musk to buy it for the agreed $54.20 per share.</p>.<p>Twitter shares were down 2.5 per cent at $39.02 before the bell.</p>