SEC charges Elon Musk with fraud

SEC charges Elon Musk with fraud
фото показано с : thenextweb.com

2018-9-28 00:20

Elon Musk, Tesla‘s controversial CEO, is now being sued by the Securities and Exchange Commission (SEC) over his tweets last month about taking the company private, which allegedly hurt investors and disrupted the market.

In the complaint, the SEC claims Musk made a series of “false and misleading statements” about his idea to take the company private. Here’s the main thrust of the complaint: Musk’s statements, disseminated via Twitter, falsely indicated that, should he so choose, it was virtually certain that he could take Tesla private at a purchase price that reflected a substantial premium over Tesla stock’s then-current share price,that funding…

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Источник: thenextweb.com

musk sec → Результатов: 1


‘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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