Oct. 6, 2023
SEC sues to make Musk appear, he accuses them of abuse
“Two days before his scheduled testimony, Musk abruptly notified the SEC staff that he would not appear,” the SEC wrote. “Musk attempted to justify his refusal to comply with the subpoena by raising, for the first time, several spurious objections, including an objection to San Francisco as an appropriate testimony location.”
The Securities and Exchange Commission sued Elon Musk in federal court in San Francisco on Thursday, seeking to enforce a subpoena, which is part of an ongoing nonpublic investigation by the agency into whether he violated federal securities laws when he purchased Twitter Inc. stock, his 2022 statements and SEC filings related to Twitter.
In its application for order compelling compliance, the SEC, represented by in-house counsel Melissa A...
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