Musk tried to justify his no-show raising ‘several spurious objections,’ SEC says; ‘enough is enough,’ says Musk’s lawyer
Elon Musk is being sued by securities regulators in connection with his $44 billion deal for Twitter Inc., a new wrinkle for the billionaire entrepreneur’s takeover of the social-media company last year.
“The SEC has already taken Mr. Musk’s testimony multiple times in this misguided investigation,” Musk’s private lawyer Alex Spiro said in emailed comments to MarketWatch. “Enough is enough.” Musk “attempted to justify his refusal to comply with the subpoena by raising, for the first time, several spurious objections,” the agency said.
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Elon Musk sued by SEC for failure to comply with Twitter investigationChristopher Hutton is a technology reporter for the Washington Examiner covering Big Tech companies like Facebook and X as well as the regulatory efforts by Washington to rein in the tech companies. He previously wrote for a number of other outlets, including Daily Dot, Pando Daily, Religion Unplugged, and other outlets. He graduated from Ball State University in 2020 with a master's in sociology. You can find him on X at chris_journo.
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