- The whistleblower who filed a complaint against Twitter ( NYSE: TWTR ) will have a day on Capitol Hill, as the Senate Judiciary Committee will hear his testimony.
- Committee Chairman Sen. Dick Durbin and Ranking Member Sen. Chuck Grassley announced a hearing on "allegations of widespread security failures at Twitter" for Sept. 13.
- That hearing will feature Peiter "Mudge" Zatko, once in charge of security at the social media company, who's appearing pursuant to a subpoena to discuss "alarming" allegations.
- "Mr. Zatko's allegations of widespread security failures and foreign state actor interference at Twitter raise serious concerns," Durbin and Grassley said. "If these claims are accurate, they may show dangerous data privacy and security risks for Twitter users around the world."
- Rosenblatt downgraded the company earlier, citing the whistleblower complaint heightens risk around the stock .
For further details see:
Twitter whistleblower to testify on Capitol Hill Sept. 13