A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission's investigation into ...
SAN FRANCISCO - A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter .
The investigation concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which he later renamed X. It is also reviewing statements and SEC filings he made in relation to the deal, the agency has previously said. The judge asked whether Musk should be exempt from securities laws and further investigations just because he is a "very busy person" who is running multiple companies.Thursday's face-off is the latest dispute in a years-long feud between Musk and the top U.S. markets regulator, dating back to 2018 when he tweeted that he had "funding secured" to take the electric carmaker private.Sen.
Twitter U.S. Securities And Exchange Commission Jacqueline Scott Corley SEC SEC Filings
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