Published 5 months ago • loading... • Updated 5 months ago

US SEC intends to seek sanctions against Elon Musk in Twitter probe

The U.S. Securities and Exchange Commission intends to seek sanctions against Elon Musk for not appearing for court-ordered testimony regarding his $44 billion takeover of Twitter.
Musk informed the SEC only three hours before the scheduled testimony that he would not attend, prompting the sanctions motion.
The SEC is investigating whether Musk violated federal securities laws in 2022 related to his stock purchases in Twitter, now rebranded as X.

Insights by Ground AI

Does this summary seem wrong?

81 Articles

All

Left

Center

Right

Inc.

Elon Musk Could Face Sanctions as SEC Investigates Twitter Takeover

Elon Musk did not attend court-ordered testimony for the SEC's probe into his takeover of Twitter, which is now X.

5 months ago

Read Full Article

Washington Times

SEC aims to punish Elon Musk for avoiding Twitter takeover testimony

The Securities and Exchange Commission wants sanctions against tech billionaire Elon Musk because he failed to appear for a scheduled testimony related to his buying Twitter, the agency said in a court filing Friday.

5 months ago·United States

Read Full Article

Seeking Alpha

SEC wants sanctions against Musk for missing deposition in Twitter probe

The US Securities and Exchange Commission wants sanctions against Elon Musk for missing deposition in Twitter probe. Read more here.

5 months ago·United States

Read Full Article

100% FED UP!

Federal Agency Seeks Sanctions Against Elon Musk * 100PercentFedUp.com * by Danielle

The Securities and Exchange Commission (SEC) said it intends to seek sanctions against Elon Musk after he didn’t appear to […]

5 months ago

Read Full Article

West Hawaii Today

SEC intends to seek sanctions against Elon Musk in Twitter probe - West Hawaii Today

The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter.

5 months ago

Read Full Article

Benzinga

Elon Musk Claps Back After SEC Threatens Sanctions Against Tesla CEO For Evading Twitter Depositions, Says He Was Overseeing 'Highest Risk Astronaut Mission' Of SpaceX: 'I Had To Make A Go Vs No-Go Decision. Their Lives Came First' - Tesla (NASDAQ:TSLA)

The SEC has requested a federal judge to sanction Elon Musk for repeatedly failing to appear for a deposition regarding his 2022 Tesla stock sales and Twitter acquisition, despite a court order.

5 months ago·New York, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year