Elon Musk defends tweets in SEC’s contempt proceedings

Elon Musk defends tweets in SEC’s contempt proceedings

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/03/22/elon-musk-defends-tweets-in-secs-contempt-proceedings/

Tesla CEO Elon Musk argued Friday that his Twitter use did not violate a settlement agreement with the U.S. Securities and Exchange Commission and that the agency’s request to have him held in contempt is based on a “radical interpretation” of the order, according to court papers filed in Manhattan federal court.

The SEC has asked a judge to hold Musk in contempt for violating a settlement agreement reached last year over Musk’s now infamous “funding secured” tweet. Under that agreement, Musk is supposed to get approval from Tesla’s board before communicating potentially material information to investors.

Last Seen
3 hours ago
Reputation
0
Spam
0.000
Last Seen
55 minutes ago
Reputation
0
Spam
0.000
Last Seen
15 minutes ago
Reputation
0
Spam
0.000
Last Seen
3 hours ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
27 minutes ago
Reputation
0
Spam
0.000
Last Seen
35 minutes ago
Reputation
0
Spam
0.000
Last Seen
13 minutes ago
Reputation
0
Spam
0.000
Last Seen
29 minutes ago
Reputation
0
Spam
0.000
Last Seen
29 minutes ago
Reputation
0
Spam
0.000
Last Seen
56 minutes ago
Reputation
0
Spam
0.000