SEC Accuses Musk of Distorting Scope of Investigation into Twitter Purchase
Thursday, 14 March 2024, 16:15
SEC Accuses Musk of Misrepresentation
The Securities and Exchange Commission (SEC) has accused Elon Musk of distorting the scope of its investigation into his 2022 Twitter purchase. Musk's attempts to avoid deposition are being closely monitored.
Challenges in Testifying
The SEC claims Musk has engaged in delay tactics and misrepresented the relevance of his testimony. The agency asserts that Musk's actions have prolonged the investigation process.
- Investigation Scope: The SEC is scrutinizing Musk's statements and filings concerning his Twitter stock purchase.
- New Questions: Musk is being requested to provide new information relevant to the acquisition and his previous statements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.