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Dubai News Club > Tech > Elon Musk is stonewalling the SEC, and now he’s getting sued
Tech

Elon Musk is stonewalling the SEC, and now he’s getting sued

Press Room
Last updated: 2023/10/05
Press Room
Published: October 5, 2023
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The US Securities and Exchange Commission (SEC) is suing Elon Musk over his refusal to testify in an investigation into Musk’s purchase of Twitter stock in 2022.

According to the SEC’s complaint, Musk was scheduled to appear for testimony on September 15th after receiving a subpoena. However, “two days before his scheduled testimony, Musk abruptly notified the SEC staff that he would not appear” and apparently raised “several spurious objections, including an objection to San…

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