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Twitter's Class Action And Nigeria's Imitation

Twitter Agrees $809.5 Million Settlement for Class Action Lawsuit

Only in America would people expect a "bird" to pay this amount of money. Yes, "Twitter Inc said Monday it will pay $809.5 million to settle a 2016 shareholder class action lawsuit in which the social media company is accused of defrauding investors. The lawsuit was based on an allegation of metric manipulation of the microblogging app’s traffic."

That reminds me, why do we NOT have class action lawsuits in Nigeria with this flavour? I was told that lawyers are not allowed to solicit for cases. Can that be changed? If that happens, trial lawyers will bring sanity to the land.

Just as Innovation at there initial are weak, so also is Regulation. And with Innovation always preceding regulation it is made worse.

Register for Tekedia Mini-MBA edition 19 (Feb 9 – May 2, 2026): big discounts for early bird

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Register for Tekedia AI Lab: From Technical Design to Deployment (begins Nov 15th).

Unidisputedly, Nigeria has lost many tech battle, nevertheless, it all fine. There would always be more and we would have thing to win.

Good Morning.