Thursday, October 5, 2023

SEC tries to force Elon Musk to testify in Twitter takeover probe

Elon Musk, the world's richest man, is being sued by the U.S. Securities and Exchange Commission (SEC) over his $44 billion takeover of Twitter. The SEC is investigating whether Musk violated federal securities laws in 2022 when he purchased stock in Twitter and made statements related to the deal.

from Tech-Economic Times
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