SEC to Seek Sanctions Against Musk for Not Appearing for Testimony Over Twitter Acquisition
Musk’s attorney argued that his client’s absence was due to an unavoidable emergency regarding the Polaris Dawn launch.The U.S. Securities and Exchange Commission (SEC) said on Sept. 20 that in plans to pursue sanctions against Elon Musk for not attending court-ordered testimony in connection with the agency’s investigation into his $44 billion acquisition of Twitter.
The SEC stated in a filing with the U.S. District Court for the Northern District of California, that it plans to file a motion seeking an order requiring Musk to explain why he should not be held in civil contempt for failing to comply with a May 31, 2024, court order requiring him to testify on Sept. 10 at the SEC’s Los Angeles office.
Read more...
Well, hell yeah, why not go after the wealthiest man on the planet who is helping the government bring back our stranded astronauts in space.
The SEC wants to know if Musk made timely filings when he acquired Twitter. He turned Twitter into a social media site where people had free speech. What a joke.
1 comment:
They will do that to anyone who is MAGA or supporting President Trump! Please pray!🙏
Post a Comment