SEC responds to Elon Musk harassment allegations

Stefan Mileschin · 21st February 2022, 07:34

The US Securities and Exchange Commission has responded to Elon Musk’s harassment allegations. In a letter it filed on Friday with a New York federal judge, the SEC said its frequent check-ins with Tesla were consistent with expectations from the court overseeing the company’s 2018 settlement.

At the time, Tesla had agreed its lawyers would preclear some of Musk’s tweets after one of his messages drew the attention of the SEC. The specific tweet saw Musk say that he had “funding secured” to take Tesla private at $420 a share. Following an investigation, the SEC alleged the message constituted fraud, with Tesla and Musk eventually agreeing to settle the case for $40 million.

https://www.engadget.com/sec-respond...7.html?src=rss

21st February 2022, 07:34	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,650	SEC responds to Elon Musk harassment allegations The US Securities and Exchange Commission has responded to Elon Musk’s harassment allegations. In a letter it filed on Friday with a New York federal judge, the SEC said its frequent check-ins with Tesla were consistent with expectations from the court overseeing the company’s 2018 settlement. At the time, Tesla had agreed its lawyers would preclear some of Musk’s tweets after one of his messages drew the attention of the SEC. The specific tweet saw Musk say that he had “funding secured” to take Tesla private at $420 a share. Following an investigation, the SEC alleged the message constituted fraud, with Tesla and Musk eventually agreeing to settle the case for $40 million. https://www.engadget.com/sec-respond...7.html?src=rss

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Why Elon Musk's first Loop is, and isn't, as silly as you think	Stefan Mileschin	WebNews	0	27th April 2021 05:23
Elon Musk says 'the worst is over' for Tesla	Stefan Mileschin	WebNews	0	19th August 2018 17:15
Elon Musk wants to get to Mars before we nuke ourselves	Stefan Mileschin	WebNews	0	17th December 2015 06:06
Elon Musk responds to Consumer Reports' Tesla Model S downgrade	Stefan Mileschin	WebNews	0	23rd October 2015 09:29
SpaceX CEO Elon Musk wants to go to Mars	Stefan Mileschin	WebNews	0	28th July 2014 08:17
Elon Musk details Hyperloop	Stefan Mileschin	WebNews	0	13th August 2013 09:23
Microsoft Responds To NSA Data Sharing Allegations	Stefan Mileschin	WebNews	0	12th July 2013 09:00
Intel Responds to AMD, NVIDIA USB 3.0 Allegations	jmke	WebNews	5	14th August 2008 00:31
NVIDIA Responds To GPU PhysX Cheating Allegations	Massman	WebNews	4	26th June 2008 09:36
ATI Responds to Allegations in PCI Express Incompatibility	jmke	WebNews	0	26th September 2004 21:34