SEC sues musk

butters

High on a Hill
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Elon Musk sued by SEC for failure to comply with Twitter investigation​


The SEC filed the suit in the Northern District of California on Thursday. The commission is investigating whether Musk violated securities laws in connection with the October 2022 purchase of X. Musk had been summoned to testify last month, the filing claims, but failed to appear for testimony in San Francisco.
https://www.msn.com/en-us/money/com...p&cvid=21051bd9db1a42cfa3be977dfda89b8a&ei=16

refused to comply, whinged about the location, was offered various other dates, refused all...so now SEC's taking the fucker through the courts, again.

 
Supreme Court refuses to hear musk's whining following the $20M fine and conditions that he complains acted as a government muzzle.

Musk's attorneys later argued that the mandate approved with the SEC was equivalent to "government-imposed muzzle" and was therefore an illegal restraint on Musk's speech. Two lower courts rejected the argument, and this morning, the Supreme Court declined to hear Musk's appeal, putting an end to the legal saga.

To consider the case, four Justices would have had to agree to take the merits. Here, there were no noted dissents from the Justices.
https://www.msn.com/en-us/news/tech...&cvid=01c7dd256a64465dffe22cbc6c0110ac&ei=159
 
Ignoring the legalities of the squabble for a moment, Musk recovered the whole of the fine and all of his costs in the first ten seconds of trading yesterday. Whatever the merits, the law clearly lacks teeth.
 
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