The U.S. securities watchdog's request that a federal judge hold Tesla Inc ...
FILE PHOTO: Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission in New York City, U.S., April 4, 2019. REUTERS/Shannon Stapleton TPX IMAGES OF THE DAY - RC1F37624090/File Photo
SEC Commissioner Robert Jackson, a Democrat, told reporters at a conference in Washington that the SEC was reasonable in suggesting greater oversight of Musk’s communications, including the threat of new fines if he backslides. The SEC had asked U.S. District Judge Alison Nathan to hold Musk in contempt over a Feb. 19 tweet in which the agency said he had improperly posted material information about Tesla’s vehicle production outlook without seeking approval from its lawyers.
The SEC, which had sued Tesla, asked the company in September to consider removing Musk. The CEO agreed to step down as Tesla’s chairman in an agreement that also required preapproval of Musk’s written communications that could be material to the company, such as volumes of cars produced or other information likely to change the value of its securities.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Elon Musk, Tesla faulted by SEC as U.S. judge weighs billionaire's contempt caseA federal judge in Manhattan began considering on Thursday whether Tesla Inc Chi...
Consulte Mais informação »
US judge gives Tesla CEO Elon Musk, SEC two weeks to work out their issuesUS Judge Alison Nathan ordered Musk and the SEC to 'take a deep breath, put on your reasonableness pants' and work out a solution.
Consulte Mais informação »
Judge urges Tesla CEO, SEC to end tweet dispute - Reuters TVElon Musk’s job as Tesla’s chief executive appeared safe on Thursday as a federal judge in Manhattan urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission over his use of Twitter.
Consulte Mais informação »
Elon Musk safe for now as U.S. judge urges Tesla CEO, SEC to resolve tweet disputeTesla's Chief Executive Elon Musk and the U.S. Securities and Exchange Commission face off in court via ReutersTV
Consulte Mais informação »
Tesla Tumbles On Weak First-Quarter Deliveries And Ahead Of SEC HearingVehicle deliveries drop nearly a third from the fourth-quarter of 2018 and overall production also declined. Tesla shares fell more than 8%.
Consulte Mais informação »
JPMORGAN: Tesla just undermined Elon Musk's defense against the SECThe CEO’s lawyers are due in New York federal court Thursday to explain why the billionaire should not be held in contempt
Consulte Mais informação »
Elon Musk safe for now as U.S. judge urges Tesla CEO, SEC to end tweet disputeTesla's Elon Musk and SEC to square off in a Manhattan court via ReutersTV
Consulte Mais informação »
JP Morgan says Tesla just undermined Elon Musk's defense against the SECTesla may have just hurt Elon Musk's own case in his battle with the SEC, according to J.P. Morgan.
Consulte Mais informação »
Tesla's Elon Musk in court as judge weighs SEC contempt caseTesla CEO Elon Musk arrives at Manhattan court where judge will weigh SEC contempt case
Consulte Mais informação »
Tesla deliveries drop due to challenges shipping to Europe and ChinaTesla deliveries drop 31 percent in quarter one due to overseas shipping challenges
Consulte Mais informação »