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Businessabout 7 hours ago

Judge Says Cannot ‘Rubber Stamp’ Musk’s $1.5 Million SEC Deal

Bloomberg
Bloomberg

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Judge Says Cannot ‘Rubber Stamp’ Musk’s $1.5 Million SEC Deal

A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing stake in Twitter Inc.

A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing stake in Twitter Inc.

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