Elon Musk has been Ordered to Testify, for a Third tim,e in the Securities and Exchange Commission’s (SEC), Investigation of His purchase of Twitter, despite His Claim that the SEC is Harassing Him.
Musk and the SEC have a Week to set up a Time and Date, for a Four-hour Deposition, or the Judge will do it for them.
U.S. Magistrate Judge Lauren Beeler, Ruled late Saturday that the SEC has the Right to Subpoena Musk, who Refused to Testify in September, 2023, prompting the SEC to Sue Him in October, 2023.
The Feds are probing whether Musk broke any Rules when He spent $44 billion to buy Twitter, which is now known as X, in 2022.
He completed Two half-day Videoconference Depositions in July 202.
But Investigators say they gave Musk more Questions after Reviewing Documents, they Finaly Recieved.
The SEC previously Investigated the Billionaire in Connection with Tesla.
Last week, a Judge in Delaware, Rejected Tesla CEO Elon Musk’ $56 billion Pay Plan, Approved by the Tesla's Board in 2018. Business Law Experts say, the Ruling set a rare Precedent, and could have Major implications for how Large Public Companies pay their Top Executives.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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