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Securities,
Civil Procedure

May 10, 2024

Judge skeptical of Elon Musk's attempt to avoid third SEC deposition

The SEC is investigating Musk's 2022 purchase of Twitter for potential securities law violations.

New York Times News Service

A federal judge in San Francisco appeared skeptical of Elon Musk's bid to dodge a third deposition by the U.S. Securities and Exchange Commission, telling the billionaire investor's counsel on Thursday that they had not shown how the agency's request was unduly burdensome. 

Musk, whose 2022 purchase of Twitter is being investigated by the SEC for potential securities law violations, "says a lot and is involved with a lot of different companies," U.S. District...

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