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N.S. flood victim surprised by apartment makeover | SaltWireNEW YORK - Elon Musk asked a federal judge on Thursday not to force him to testify in the U.S. Securities and Exchange Commission's probe into his $44 billion takeover of social media site Twitter.
The SEC has said it was investigating Musk's 2022 purchases of Twitter stock and his statements and SEC filings relating to Twitter -- which Musk subsequently renamed X -- and that Musk had refused to attend a September interview for the probe.On Thursday, Spiro and Musk's other lawyers said in the filing:"The SEC’s pursuit of Mr. Musk has crossed the line into harassment".
On April 4, 2022, Musk disclosed he had acquired a 9.2% stake in Twitter. It was 11 days after the SEC's deadline for such disclosures. Musk initially said he planned to be a passive stakeholder, meaning he did not plan to take over the company. The SEC has spent 18 months"devoting its formidable resources to investigating Mr. Musk over an allegedly untimely filing," Thursday's filing said."This is just the latest chapter in a more-than-five-year saga of agency harassment against Mr. Musk and related entities."
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