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SEC Split On Elon Musk Lawsuit Over Hidden Twitter Stake, But Moves Forward
Monday, March 24, 2025 - 8:51am | 528The U.S. Securities and Exchange Commission (SEC) issued a summon to X owner and Tesla Inc CEO Elon Musk over potential securities law violations. The decision was made following a vote by the five commissioners of the SEC, with one reportedly dissenting vote cast by the interim SEC Chief. What...
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Judge In Twitter Lawsuit Has Previously Pushed Through M&A Deals: Could Elon Musk Be In Trouble?
Friday, July 15, 2022 - 1:38pm | 787Social media platform Twitter Inc (NYSE: TWTR) and Elon Musk are headed to court over the $44-billion proposed buyout of the social media platform agreed to and then withdrawn from by the world's richest man. Here's why the judge assigned to the case could be bad news for Musk. What...