Elon Musk under federal investigation over Twitter deal

Elon Musk is under a federal investigation related to his $44 billion takeover deal for Twitter.

It also said it had requested that Mr Musk's attorneys produce their communications with federal authorities months ago, but they had not done so. The log referenced drafts of a 13 May email to the US Securities and Exchange Commission - the American regulator which enforces the law against market manipulation.

The court request was filed on the same day the court granted a stay of litigation to allow Twitter and Mr Musk to close the takeover deal.In April, the SEC asked him whether the disclosure of his 9% Twitter stake was late and why it indicated that he intended to be a passive shareholder. Mr Musk later refiled the disclosure to indicate he was an active investor.

Desperation

Ffs who really gives a shit

BBC. com - Run by the US Democratic Party.

Should never be allowed to do the deal

Good

lock him up

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Elon Musk being investigated by federal authorities, Twitter reveals in court filingOne of Mr Musk's attorneys, Alex Spiro, has described the court filing as a 'misdirection' by Twitter, adding that it was executives at the social media company that are 'under federal investigation'. If we can’t get him one way we’ll get him another differ beauty decide Join the party. Good luck.
Source: SkyNews - 🏆 35. / 67 Read more »