Reported 4 months ago
Elon Musk has settled a legal dispute with the SEC by agreeing to testify in their investigation into his 2022 acquisition of Twitter, following a court filing. Musk will comply with the regulator's subpoena and is set to be questioned on an undisclosed date, after previously refusing an interview in September. The SEC is investigating whether Musk violated securities laws when buying Twitter stock and renaming it X, examining his statements and filings related to the transaction.
Source: YAHOO