Elon Musk Beats $3 Million Fee Bid by Twitter Ex-Shareholder (1)

A former Twitter Inc. investor who sued Elon Musk in Delaware for trying to walk away from buying the company lost his bid for $3 million in legal fees after Musk caved and completed the $44 billion acquisition.

Chancellor Kathaleen St. J. McCormick ruled Tuesday for Musk, saying the ex-shareholder isn’t entitled to a “mootness fee” for the role he said his lawsuit played in forcing the world’s wealthiest man to close the contested deal. The former investor, Luigi Crispo, had sought to claim partial credit for Musk’s capitulation.

Crispo’s suit—filed against Musk in July 2022, after Twitter had already ...