Elon Musk in Trouble Again Over Tesla Tweet as SEC Declares War

2019-2-26 08:28

The love, hate relationship between Tesla CEO Elon Musk and the SEC reached a new level Monday. The regulator called for Musk to be held in contempt for violating a previous judgment related to his penchant to tweet info that runs afoul of securities rules.

The SEC (U. S. Securities and Exchange Commission)  filed a contempt order against Musk. It noted specifically that he violated a fraud settlement by tweeting material information without preapproval. The news sent Tesla’s stock spiraling. It was down as much as 5% during extended trading Monday. We Knew It Would Lead To This CCN reported about the

The post Elon Musk in Trouble Again Over Tesla Tweet as SEC Declares War appeared first on CCN

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musk sec tesla tweet elon monday contempt

Источник: ccn.com

musk sec → Результатов: 6


‘Wrong at Virtually Every Level’: Elon Musk Torches ‘Radical’ SEC for Twitter Gag Attempt

Billionaire Elon Musk fired back at the Securities and Exchange Commission’s February 2019 contempt filing designed to muzzle the Tesla CEO’s Twitter commentary. Elon Musk: ‘SEC’s Position Is Wrong’ In a fiery response filed March 22 in New York federal court, Musk slammed the SEC for its “radical reinterpretation” of a September 2018 consent decree under which he agreed to get approval from Tesla’s board before tweeting anything that could impact TSLA’s stock price.

2019-3-24 14:41


Elon Musk’s Tesla Tweet Could Be Securities Fraud: Ex SEC Chair

Harvey Pitt, former SEC chairman, discusses the circumstances under which Elon Musk’s tweet about potentially taking Tesla private would qualify as market manipulation and securities fraud.   Q2 hedge fund letters, conference, scoops etc Image source: YouTube Video Screenshot Would Musk’s Tweet About Taking Tesla Private Qualify As Manipulation? Transcript Right off the top. Do […]

2018-8-8 08:36


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