{"id":1212438,"date":"2023-12-15T12:35:42","date_gmt":"2023-12-15T17:35:42","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1212438"},"modified":"2023-12-15T12:35:42","modified_gmt":"2023-12-15T17:35:42","slug":"judge-rejects-elon-musks-attempt-to-avoid-testifying-in-twitter-stock-probe","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1212438","title":{"rendered":"Judge rejects Elon Musk\u2019s attempt to avoid testifying in Twitter stock probe"},"content":{"rendered":"
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Enlarge<\/a> (credit: Getty Images | Bet_Noire)<\/p>\n<\/figure>\n

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Elon Musk can’t avoid testifying in an investigation into whether he violated federal securities laws, a magistrate judge said during a court hearing yesterday.<\/p>\n

The Securities and Exchange Commission sued Musk in October<\/a> to force him to testify for a third time in a probe related to purchases of Twitter stock he made before he bought the company. Musk responded in November<\/a> by asking the court to block the SEC’s subpoena, claiming the agency is “harassing” him, exceeding its authority to investigate, and making “overly burdensome” demands for “irrelevant evidence.”<\/p>\n

Musk’s arguments were rejected during a hearing yesterday in US District Court for the Northern District of California. No formal ruling has been issued yet, but a magistrate judge made it clear she will rule in the SEC’s favor if Musk doesn’t appear for testimony.<\/p>\n<\/div>\n

Read 11 remaining paragraphs<\/a> | Comments<\/a><\/p>\n


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\nSource: Ars Technica – Judge rejects Elon Musk\u2019s attempt to avoid testifying in Twitter stock probe<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Enlarge (credit: Getty Images | Bet_Noire) Elon Musk can’t avoid testifying in an investigation into whether he violated federal securities laws, a magistrate judge said during a court hearing yesterday. The Securities and Exchange Commission sued Musk in October to … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1212439,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-1212438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1212438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1212438"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1212438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1212439"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1212438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1212438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1212438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}