Lawyers for Tesla’ CEO Elon Musk have accused the U.S. Securities and Exchange Commission of ‘unprecedented overreach’ and violating the constitutional rights of the iconic billionaire. Musk’s legal team was responding to an SEC request to have the court hold Musk in contempt, according to Reuters. This was for violating a settlement he reached with the commission in September. Specifically, Musk’s legal team argued that the electric carmaker’s CEO had complied with the settlement terms. Additionally, the legal team stated that Tesla had implemented a policy to ensure Tesla communications containing material information are pre-approved: The Securities and Exchange Commission’s
The post Elon Musk Snaps Back at Contempt Charge; Is the SEC Baiting Tesla’s CEO? appeared first on CCN
source https://www.ccn.com/elon-musk-snaps-back-at-contempt-charge-is-the-sec-baiting-teslas-ceo
READ MORE http://bit.ly/2SWvs1H
from Cryptocurrency News https://ift.tt/2CftcwM
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://ift.tt/2XxnqzJ Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!
No comments:
Post a Comment