Musk Lawyer Calms Twitter Staff Fearing Jail Risk for FTC Lapses

After losing thousands of employees and top compliance officials at Twitter Inc., Elon Musk’s deputies are racing to contain heightened concerns that staff will be held liable for security lapses.

Musk’s lawyer Alex Spiro, who is guiding the legal team following the billionaire’s acquisition, sought to reassure employees that they would not go to jail if the company is found in violation of a Federal Trade Commission consent decree, according to a message viewed by Bloomberg.

“I understand that there have been employees at Twitter who do not even work on the FTC matter commenting that they ...