Musk ordered to abide by SEC settlement over 2018 tweets ...Middle East

The Hill - Technology
Musk ordered to abide by SEC settlement over 2018 tweets
source : The Hill ( Middle East ) () 22
DETROIT (AP) — A federal judge has rejected Elon Musk’s bid to throw out a securities fraud settlement over tweets claiming that Musk had the funding to take Tesla private in 2018. Judge Lewis Liman on Wednesday also denied a motion to nullify a subpoena of Musk seeking information about possible violations of his settlement with the U.S. Securities and Exchange Commission. Musk had asked the Manhattan federal court to scrap the settlement, which required that his tweets be approved by a Tesla attorney before being published. The SEC is investigating whether the Tesla CEO violated the settlement with tweets last November asking Twitter followers if he should sell 10% of his Tesla st

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