Elon Musk switched up his legal team and hired the lawyer who went after Enron to defend him against the SEC
Elon Musk has hired the lead prosecutor of the 2006 Enron case to defend him in a contempt of court battle brought by the Securities and Exchange Commission.John Hueston and a team of three attorneys from Hueston Hennigan LLP have taken up the Tesla CEO's most recent legal case, according to a document filed Thursday in the U.S. District Court of the Southern District of New York.
Hueston headed the prosecution against Enron executives Kenneth Lay and Jeffrey Skilling, which saw both men convicted of securities and wire fraud. Hueston takes over in Musk's case for Dane Butswinkas, who resigned as Tesla's general counsel last week, just a day after Musk sent the questionable tweet. Butswinkas held the top legal post at Tesla for just two months.
Hueston is already representing Musk in two other lawsuits — according to Bloomberg, which first reported the switch — a defamation suit brought by British rescue diver Vernon Unsworth, who Musk called a"pedo guy" in a tweet, and a lawsuit involving a former employee who Tesla claims sought to sabotage the company after he was fired.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla slides after the SEC says Elon Musk violated his settlement with the agencyTesla fell 3.14% to $289.40 a share early Tuesday after the SEC said CEO Elon Musk violated the terms of his agreement with the agency.
Read more »
SEC seeks contempt charge against Tesla's Musk, says tweet violates dealThe U.S. Securities and Exchange Commission (SEC) is pursuing a contempt order against Tesla Inc CEO Elon Musk, saying he violated a fraud settlement by tweeting material information without preapproval, sending the firm's shares down 5 percent. The SEC's request potentially could reopen a turbulent
Read more »
Stocks to drop | CAT suffers double downgrade | SEC wants to penalize Elon MuskU.S. stock futures were pointing to a lower open this morning after Wall Street saw its highest closes since early November.
Read more »
SEC attack on Tesla's Musk pushes shares lowerShares in Tesla Inc could fall by a fifth in value if the U.S. Securities and Ex...
Read more »
SEC asks judge to hold Elon Musk in contemptThe Securities and Exchange Commission has asked a federal judge to hold Tesla CEO Elon Musk in contempt for violating a settlement deal reached last year.
Read more »
'How embarrassing': Elon Musk fired back at the SEC in latest fight over Tesla production numbersThe SEC claims Elon Musk violated his settlement with the agency when he tweeted about Tesla's 2019 production numbers.
Read more »
SEC Asks Manhattan Federal Court to Hold Elon Musk in ContemptThe Securities and Exchange Commission says in a court filing that a Feb. 19 tweet regarding projected production volumes in 2019 violated terms of a prior settlement.
Read more »
Elon Musk Did Another Inaccurate Tweet And He’s In Trouble With The SEC AgainElon Musk Is In Trouble With The SEC Again
Read more »