November 25, 2024

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions
SEC Push Against Elon Musk Stalls as Judge Denies SanctionsA U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled sanctions unnecessary as Musk testified on Oct. 3 and reimbursed the SEC $2,923 for travel expenses. The SEC argued Musk violated a May […]