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Elon Musk’s lawyer said the SEC demanded the Tesla CEO pay a fine or face charges to resolve an investigation into his purchase of Twitter
The post features a screenshot of a letter Musk’s lawyer Alex Spiro sent to soon-to-depart SEC chair Gary Gensler. In the letter Spiro, partner at the law firm Quinn Emanuel, wr
Elon Musk claims U.S. authorities are demanding penalty over Twitter stock purchase disclosures
Elon Musk has claimed that the U.S. Securities and Exchange Commission (SEC) is pressuring him to pay a penalty or face legal action over alleged failures in disclosing his purchases of Twitter stock prior to acquiring the platform in 2022.
Musk Says US Is Demanding He Pay Penalty Over Disclosures of His Twitter Stock Purchases
Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bo
Elon Musk claims SEC is demanding he pay a penalty over Twitter stock purchases or face charges
Austin-based tech billionaire and soon-to-be DOGE co-chair Elon Musk is taking jabs at outgoing Securities and Exchange Commission Chairman Gary Gensler after he said the agency demanded he pay up to settle charges related to his purchases of shares of what was then known as Twitter in 2022.
Reason on MSN
11d
Abolish the Securities and Exchange Commission
This article is part of an occasional online series that expands on our Abolish Everything issue by suggesting ways we could ...
IJR
2d
Court Deals Blow To Major Stock Exchange’s Efforts At Pushing Diversity Rules On Companies
An appeals court in Louisiana on Wednesday rejected Nasdaq’s proposed rules aimed at increasing diversity on company boards.
1d
What to Expect in the Securities Enforcement Space in 2025
Even in areas in which enforcement is likely to substantially diminish—such as crypto or environmental, social, and ...
JD Supra
9d
Adani FCPA Charges Show Scope of U.S. Laws for Indian Whistleblowers
On November 20, the U.S. Securities and Exchange Commission (“SEC”) and Department of Justice (“DOJ”) announced parallel ...
TBR News Media
3d
U.S. Attorney: Former CEO of Melville telecommunications company charged with insider trading
Breon Peace, United States Attorney for the Eastern District of New York and James E. Dennehy, Assistant Director in Charge, ...
2d
on MSN
SEC reopens probe into Elon Musk's Neuralink
The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup ...
JD Supra
4d
SEC v. Jarkesy: Seventh Amendment Jury Trials, Seeking Civil Penalties, and Agency Administrative Actions
The U.S. Supreme Court’s decision in Securities and Exchange Commission v. Jarkesy, 144 S. Ct. 2117 (2024) held that when the ...
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