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The attorney also claimed the SEC reopened an investigation into Neuralink this week. Elon Musk’s lawyer said the SEC demanded the Tesla CEO pay a fine or face charges to resolve an ...
In 2023, the SEC said it was seeking a court order to compel Musk to testify as part of its investigation into his purchase of X. He later testified for the investigation. The SEC lawsuit comes ...
The SEC alleged that Musk violated federal securities laws when he amassed more than $500 million in shares of Twitter -- later renamed X -- without properly disclosing his stake in the company ...
The Securities and Exchange Commission has asked a federal judge to sanction Elon Musk if he continues to violate the court’s order to appear for a deposition in a probe of his 2022 Twitter ...
“[T]he SEC’s multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tak complaint against Mr. Musk under Section 13(d) for an alleged ...
The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social ...
Musk attempted to keep the deposition from being made public. [49] [50] In October 2023, the U.S. Securities and Exchange Commission (SEC) sued Musk over his refusal to testify a third time in an investigation into whether he violated federal law by purchasing Twitter stock in 2022. [51] [52] [53] Musk claimed the SEC was harassing him.
The late filing allowed Musk to purchase the shares for at least $150 million less than what they were worth, the SEC said. Under SEC rules, investors who acquire more than 5% of a company’s ...