Judge Wants Letter Justifying SEC"s Lawsuit Against Elon Musk

  • 6 years ago
According to Automotive News, a New York district judge wants a letter justifying a lawsuit, before approving a settlement.
U.S. District Judge Alison Nathan asked the Securities and Exchange Commission to prepare a joint letter with Tesla over a suit filed against the company's CEO.
The SEC sued Elon Musk and Tesla due to a tweet the CEO published about taking the publicly traded company private.

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