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Elon Musk will have to testify in SEC's Twitter probe after all
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Elon Musk will have to testify in SEC's Twitter probe after all
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15th December 2023, 15:20
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Elon Musk will have to testify in SEC's Twitter probe after all Despite Elon Musk's earlier attempts to avoid further testifying for the Twitter-takeover investigation, his luck appears to have run out. Reuters reported that in a San Francisco hearing on Thursday, a federal judge shot down Musk's attorney's challenge on whether the SEC (Securities and Exchange Commission) officials had the power to issue subpoenas, thus ruling that the exec must therefore comply with the regulator and appear for testimony. US Magistrate Judge Laurel Beeler was quoted saying, "you've got one more four-hour deposition, one more day of depositions to survive and it's over." Failing that, the judge would have to issue an order. https://www.engadget.com/elon-musk-w...7.html?src=rss |
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