Thu. Sep 19th, 2019

Elon Musk ordered to work things out with the SEC over his tweets

Elon Musk ordered to work things out with the SEC over his tweets

Elon Musk sat stoically in a Manhattan courtroom Thursday, hands clasped in front of him, as a federal judge weighed whether to hold him in contempt of court. The proximate cause was a tweet Musk sent in February that the Securities and Exchange Commission argues violated the terms of their settlement. And when the judge ultimately punted on the decision, ordering his lawyers and the SEC to work out their differences and come back in two weeks with a resolution, he seemed relieved.

“Take a breath,” said US District Court Judge Alison Nathan. “Come back with your reasonableness pants on.”

As he was leaving the courtroom, I asked Musk what he thought about the judge’s call to action. Nathan…

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Source: https://www.theverge.com/2019/4/4/18295240/elon-musk-sec-tweets-judge-nyc-ruling

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