Share this @internewscast.com

A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview.

Judge Laurel Beeler’s order, issued on Saturday night, formalized a tentative ruling she made in December that sided with the regulator.

The SEC sued Musk in October to compel the Tesla and SpaceX CEO to testify as part of an investigation into his 2022 purchase of Twitter, the social media giant that he subsequently renamed X. Musk refused to attend an interview in September that was part of the probe, the SEC said.

The agency is examining whether Musk followed the law when filing the required paperwork about his purchases of Twitter stock, and whether his statements in relation to the deal were misleading.

Musk fought the SEC’s bid to interview him, saying it had already done so twice, and accused the regulator of harassment.

Beeler rejected that argument. The SEC had authority to issue the subpoena, which sought relevant information, she said in the ruling.

If the SEC and Musk cannot agree on a date and time for the interview, Beeler said she will hear from both sides and decide for them.

Friction between Musk and the SEC began when the regulator sued him after he tweeted “funding secured” in 2018 in reference to a possible plan to take Tesla private. To settle that case, Musk agreed that a Tesla lawyer would vet his tweets about the electric vehicle maker. The SEC sued him again in 2019 for allegedly breaching that provision.

Share this @internewscast.com
You May Also Like
Laniecia Smith allegedly hit kids at Future Leaders Childcare Ministries in Gary, IN during calls with Porter County Jail inmate

Laniecia Smith Accused of Hitting Children at Future Leaders Childcare Ministries in Gary, IN While on Calls with Inmate from Porter County Jail

GARY, Ind. (WLS) — A northwest Indiana daycare teacher is accused of…
Illegal migrant enters plea in crash that killed boy one day before his 12th birthday

Undocumented Immigrant Pleads Guilty in Crash That Killed Boy a Day Before His 12th Birthday

A woman who was in the U.S. illegally admitted to causing a…
Watch What Happens on the House Floor After Speaker Johnson Announces OBBB Passage

Breaking News: Speaker Johnson Discusses Epstein Documents

Speaker of the House Mike Johnson has been reported by Politico on…
NJ flash flooding kills at least 2 after surging waters sweep up vehicle

At Least 2 Dead in NJ After Flash Flooding Sweeps Away Vehicle

At least two individuals lost their lives in New Jersey when flash…
(FILES) This file handout photo provided by Saudi Arabia's NEOM on July 26, 2022 shows the design plan for the 500-metre tall parallel structures, known collectively as The Line, in the heart of the Red Sea megacity NEOM. - Saudi Arabia was chosen to host the 2029 Asian Winter Games at a $500 billion futuristic megacity in the desert that planners say will feature a year-round winter sports complex. The Saudi bid was "unanimously approved", the statement said, noting that the megacity known as NEOM will be the first West Asian city to host the event. (Photo by NEOM / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / NEOM" - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS (Photo by -/NEOM/AFP via Getty Images)

The Future of Saudi Arabia’s $1 Trillion Megacity “The Line” Uncertain as Leaders Assess Feasibility Amid Controversy

The ambitious $1 trillion megacity, The Line, faces uncertainty as Saudi leaders…
Rep. Wesley Hunt probes how many of New York’s 670K illegal immigrants are on Medicaid

Rep. Wesley Hunt Investigates Medicaid Enrollment Among New York’s 670,000 Undocumented Immigrants

Texas Rep. Wesley Hunt is seeking clarification from New York Gov. Kathy…
Tuesday Morning Minute: Trump's DOJ Is Winning

Tuesday Morning Update: Trump’s Department of Justice Sees Success

TOP O’ THE MORNIN’ Red-Hot at RedState  That’s the Democrat party in…
Chinese illegals accused of plotting to scam elderly Americans out of life savings

Chinese Nationals Allegedly Planned to Defraud Elderly Americans of Their Savings

U.S. Immigration and Customs Enforcement detained two Chinese nationals illegally residing in…
Former Bradford County teacher jailed for crimes with student

Ex-Bradford County Teacher Sentenced to Jail for Student-Related Offenses

Matthew Dawson Watson is charged with sexual conduct over a computer and…
The Walt Disney Company scores 137 nominations for the 77th Emmy Awards! "The Bear," "Andor," and more get recognized

Disney Secures 137 Emmy Nods! “The Bear,” “Andor,” and Others Shine at the 77th Awards

LOS ANGELES — The Walt Disney company earned an exciting 137 nominations…
New text messages fuel Alex Murdaugh's push for new trial

Latest Text Messages Strengthen Alex Murdaugh’s Case for Retrial

Recently discovered text messages between the disgraced ex-lawyer Alex Murdaugh and his…
Hollywood heir accused of beheading wife, in-laws dies in custody days before release of key evidence

Heir to Hollywood fortune suspected of beheading wife and in-laws passes away in custody ahead of crucial evidence release

Sam Haskell IV, a Hollywood figure accused of gruesomely dismembering his wife…