Thursday, July 14, 2022

Elon Musk Faces the US SEC Scrutiny Over Tweets on USD 44 Billion Twitter Deal

The US Securities and Exchange Commission (SEC) asked Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal, according to the June 2 letter made public on Thursday. Securities lawyers said they expected the SEC would scrutinise Musk's public statements on the deal to assess whether he misled the marke...

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