US judge rejects SEC bid to sanction Elon Musk

Maria Sandu

:A federal judge on Friday rejected the U.S. Securities and Exchange Commission's request to sanction Elon Musk after he failed to appear for court-ordered testimony for the regulator's probe into his $44 billion takeover of Twitter. U.S. District Judge Jacqueline Scott Corley in San Francisco said sanctions over Musk's Sept. 10 absence were unnecessary, after the world's richest person testified on Oct. 3 and agreed to pay the SEC's $2,923 of travel costs. "Because the present circumstances

Tag-uri: Twitter

US judge rejects SEC bid to sanction Elon Musk https://www.channelnewsasia.com/ - 04:13
US judge rejects SEC bid to sanction Elon Musk https://www.channelnewsasia.com - 04:03

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US judge rejects SEC bid to sanction Elon Musk https://www.channelnewsasia.com/ - 04:13
US judge rejects SEC bid to sanction Elon Musk https://www.channelnewsasia.com - 04:03