Wed Apr 20, 2022 – 11:23 am EDTWed Apr 20, 2022 – 11:26 am EDT
THE VILLAGES, Florida (LifeSiteNews) – Florida Republican Governor Ron DeSantis said he is having attorneys look into how the state can leverage its pension fund investments in Twitter to hold the company accountable, including with relation to Tesla CEO Elon Musk’s offer to buy the Big Tech platform.
He made the comments on Tuesday after signing education legislation.
“For me, I think some of these Big Tech companies clearly have been problematic,” Gov. DeSantis said. “I think some of the investments where you look at like the Communist Party of China and what they have been involved in, not just state-owned stuff, but these other companies [backed by China].”
He said the state’s pension investments in Twitter allow it to potentially bring legal action against the company as a shareholder. “That gives us an ability to potentially get some relief.”
Gov. DeSantis Signs Bill to Reform Florida’s Higher Education https://t.co/275WD41D2K
— Ron DeSantis (@GovRonDeSantis) April 19, 2022
He said the board of directors of Twitter might need “accountability” if they are potentially breaching the fiduciary duty to shareholders with regard
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