Summary:
Elon Musk and his America PAC said Thursday they have agreed to settle two proposed class-action lawsuits. The lawsuits accuse the billionaire entrepreneur of defrauding residents of closely contested states by promising "lottery-style" daily grants of $1 million to voters ahead of the 2024 U.S. election.
The plaintiffs, Musk and America PAC told the judge (the federal court in Austin, Texas) responsible for hearing the two related lawsuits that the two parties had reached a settlement, but the settlement still needs court approval.
Relevant legal documents that have been published do not contain settlement terms; lawyers involved in the case declined to comment or did not respond to requests for further information.
The plaintiffs in both cases are Arizona residents. They accused Musk and the "American Political Action Committee" he founded to mislead voters in seven "swing states" to sign a petition supporting the U.S. Constitution; Musk had promised to give out $1 million in bonuses to randomly selected signers every day.
The defendants deny the allegations.
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