The US Safety and Change Fee (SEC) asks a federal decide to drive Elon Musk to testify for his or her investigation into his acquisition of X, previously Twitter. Musk accomplished his $44 billion greenback buy of the social media platform in 2022.
On Thursday, the SEC filed an official courtroom doc in San Francisco, defending its investigation and efforts to drive Elon into testifying. The regulator says that it’s performing inside their authority in the investigation.
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Final month, the SEC shared that it was finishing up an investigation into Musk’s X acquisition of Twitter. Musk had refused to attend a September interview for the probe, the SEC says.
Musk and his attorneys on Nov. 2 asked the judge to deny the SEC’s movement to compel his testimony. Musk’s attorneys say he had already testified twice, and that the company was exceeding its authority. To counter the argument, the SEC responded that they had been in truth working inside its bounds, and had been in truth granted authority by legislation to search testimony and paperwork as they proceed their investigation.
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The SEC provides that it has obtained new paperwork to help its Twitter investigation since their final interview with Elon Musk.
SEC Asks Judge to Force Elon Musk to Testify in Twitter Probe watcher.guru 2023-11-16 22:37:02
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