Elon Musk ordered to testify in SEC probe of Twitter takeover – NBC Bay Area

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Elon Musk has actually been ordered to testify to the Securities and Exchange Commission concerning the supplies he got in 2022 prior to his acquisition of Twitter, considering that rebranded as X.

The SEC is examining whether Musk fully commited protections scams when he got shares in the San Francisco-based social networks business in advance of his leveraged procurement.

A government court provided Musk’s lawful group and the SEC a week to established a time and location for his statement that he has actually been declining to supply.

Musk’s lawful group has actually declared the SEC’s subpoena quantities to harassment, yet one professional from CSU East Bay does not see the billionaire as a sufferer.

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