According to investors, a US judge found that a controversial Musk tweet regarding Tesla was ‘false.’

According to documents filed by investors suing Elon Musk’s electric vehicle company, a court ruled that a 2018 tweet in which Musk claimed to have secured funding to take Tesla private was “false and fraudulent.”

Tesla shareholders have accused the business of securities fraud following the August 7, 2018 tweet, which caused the share price to fluctuate drastically for many days.

In a late Friday court filing, plaintiffs asked the federal judge overseeing the case, Edward Chen, to order Musk to stop publicly saying that he “secured” financing to take Tesla private for $420 per share, as he did again on Thursday.

Previously, the billionaire entrepreneur indicated that he was in talks with Saudi Arabia’s national wealth fund at the time and was hopeful of reaching a deal. No agreement, however, was ever made public.

According to the lawsuit, Chen recently ruled in an unpublished ruling that Musk’s comments were “false and fraudulent,” and that he made them “recklessly and with full knowledge of the facts that he misrepresented in his tweets.”