Posted 10/6/2023, 7:33:00 PM
SEC Takes Elon Musk to Court Over Failure to Comply With Twitter Investigation Subpoena
- SEC takes Musk to court for failing to comply with subpoena in Twitter purchase investigation
- SEC says Musk agreed to testify again after July 2022 meeting but did not appear in September
- Musk raised objections to testifying again, but SEC says objections invalid
- Investigation relates to Musk's purchases of Twitter stock in 2022 and statements
- By not complying with subpoena, burden on Musk to prove he doesn't need to testify
