Federal Court Enforces SEC Subpoena – Elon Musk Must Testify
Elon continues his long walk down the highway of law fare. As Chuck schumer so famously said regarding the CIA: “The Intelligence Community has Six Ways from Sunday of Getting Back at You.” For Elon Musk, his nemesis is the SEC.
A federal court said that Elon Musk must testify again in the U.S. Securities and Exchange Commission’s investigation into his $44 billion takeover of Twitter, according to a court filing on Tuesday. His battles started long ago and far away.
This was five years ago and the battles continues.
“The Tesla cofounder got in hot water with the Securities and Exchange Commission and explains to Lesley Stahl how his tweeting has been reined in as a result.”
He closes by saying he respects the Justice System. Well, Elon, five years and many subpoenas later do you feel the same way?
Yahoo news chimes into the controversy at the same time with this keen observation.
Here’s why the SEC has a problem with Elon Musk
Now we have the latest:
The SEC sued Musk in October to compel the Tesla and SpaceX CEO to testify after he refused to attend a September interview for the investigation, saying the SEC was trying to “harass” him with a number of subpoenas.
The investigation concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which he later renamed X. It is also reviewing statements and SEC filings he made in relation to the deal, the agency has previously said.
H/T: NewsMax
One can only wonder how Soros and the rest of the wacko left, ever let such a powerful communication company as Twitter aka “X” ever slip away from them and into the hands of a man such as Elon Musk. The last bastion of a free press.
This post doesn’t even attempt to address the issues he is having with the government over Tesla.
Musk will no doubt end up similar to Trump before its over with criminal charges.
The best of the swamp.
Source: https://bunkerville.wordpress.com/2024/05/15/federal-court-enforces-sec-subpoena-elon-musk-must-testify/
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