Alex Spiro, a lawyer for Musk, declined to comment on Thursday. A lawyer for Tesla did not immediately respond to a request for comment. The investors’ lawyer did not immediately respond to a separate request.
Investors have accused Musk, the world’s second-richest person according to Forbes magazine, of deliberately driving up Dogecoin’s price more than 36,000 percent over two years and then letting it crash.
They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June.
Musk and Tesla had in March sought a dismissal of the second amended complaint, calling it a “fanciful work of fiction,” and on May 26 said another amendment was unjustified.
In a Wednesday order, U.S. District Judge Alvin Hellerstein said he would “likely” allow the third amended complaint, saying the defendants would not likely be prejudiced.
The case is Johnson et al v. Musk et al, U.S. District Court, Southern District of New York, No. 22-05037.
