Judge Orders Elon Musk to Testify in SEC’s Twitter Probe

A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s (SEC) probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview.

U.S. Magistrate Judge Laurel Beeler’s order, issued on Saturday night, formalized a tentative ruling she made in December that sided with the regulator.

The SEC sued Mr. Musk in October to compel the Tesla and SpaceX CEO to testify as part of an investigation into his 2022 purchase of Twitter, the social media giant that he subsequently renamed X. Mr. Musk refused to attend an interview in September that was part of the probe, the SEC said.

Read Full Article Here
Elon Musk by Bret Hartman is licensed under TED Conferences, LLC Bret Hartman / TED

Follow us

Read our latest news on any of these social networks!

Get latest news delivered daily!

We will send you breaking news right to your inbox


Have a tip? Let us know!

Recent Articles

...
Judge in Trump Case Says She’s Concerned With Special Counsel Jack Smith

Special counsel is using inconsistent arguments with regards to which information should be hidden from the public, judge says.

...
Government to Spend $450 Million on New Business Jets for PM and Ministers

Unspent funds in the 2023-24 defence budget will be spent on two new private jets for government use.

...
Biden’s Secretary of State Antony Blinken ‘angry’ over diplomatic leaks on Israel-Hamas conflict: report

Blinken urged State Department officials to curb the leaks, emphasizing the complications they cause in diplomatic efforts.

...
Senate Votes to Scrap SEC Crypto Policy, Biden Vows to Veto Joint Resolution

Eleven Senate Democrats joined Republicans to cancel SEC guidance on cryptocurrency.