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Elon Musk didn’t show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions

New York CNN  —  The Securities and Exchange Commission intends to seek sanctions against Elon Musk over his failure to appear for testimony in an investigation related to his takeover of Twitter, now called X, the regulator said in a court filing Friday. Earlier this year, a federal judge ordered Musk to testify as part …

The post Elon Musk didn’t show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions appeared first on Egypt Independent.

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Elon Musk faced SEC questions over his timing in disclosing Twitter stake

New York (CNN Business) – Elon Musk has faced questions from the US Securities and Exchange Commission about how and when he disclosed his large stake in Twitter last month, prior to agreeing to buy the social media company. On April 4, the same day that Musk initially revealed he had bought up a more …

The post Elon Musk faced SEC questions over his timing in disclosing Twitter stake appeared first on Egypt Independent.

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