The Securities and Exchange Commission said Thursday it is seeking a court order that would compel Elon Musk to testify as part of an investigation into his purchase of Twitter, now called X.
The SEC said in a filing in a San Francisco federal court that Musk failed to appear for testimony on Sept. 15 despite an investigative subpoena served by the SEC and having raised no objections at the time it was served.
But “two days before his scheduled testimony, Musk abruptly notified the SEC staff that he would not appear,” said the agency’s filing. “Musk attempted to justify his refusal to comply with the subpoena by raising, for the first time, several spurious objections, including an objection to San Francisco as an appropriate testimony location.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Elon Musk's Twitter stock purchases under investigation by SEC - court filingElon Musk's Twitter stock purchases under investigation by SEC - court filing
Lire la suite »
Elon Musk's Twitter stock purchases under investigation by SEC - court filingElon Musk is under investigation for his disclosures of his purchases of Twitter stock in early 2022, according to a Thursday court filing by the U.S. Securities and Exchange Commission.
Lire la suite »
SEC seeks to force Elon Musk to testify in investigation into Twitter purchaseThe SEC said Musk failed to appear for testimony as required by a May subpoena.
Lire la suite »
SEC sues to force Elon Musk to testify in Twitter probeThe U.S. Securities and Exchange Commission has sued Elon Musk in an effort to compel the Twitter owner to testify regarding his purchase of the company.
Lire la suite »
Elon Musk sued by SEC for failure to comply with Twitter investigationChristopher Hutton is a technology reporter for the Washington Examiner covering Big Tech companies like Facebook and X as well as the regulatory efforts by Washington to rein in the tech companies. He previously wrote for a number of other outlets, including Daily Dot, Pando Daily, Religion Unplugged, and other outlets. He graduated from Ball State University in 2020 with a master's in sociology. You can find him on X at chris_journo.
Lire la suite »