Lawyers for Elon Musk and Tesla Inc. told a judge the U.S. Securities and Exchange Commission is “targeting” the two and has failed to pay Tesla shareholders $40 million it collected in a settlement of a 2018 case over his tweets.
In a letter filed with the federal court in Manhattan Thursday, Musk’s legal team claims the SEC “seems to be targeting Mr. Musk and Tesla” because he remains “an outspoken critic of the government.” The agency is trying to “chill” his speech with “endless, unfounded” investigations, his lawyers allege.
A federal judge has also raised questions about the status of a $40 million fund established from fines paid for Musk’s controversial tweets, seeking accounting statements in a December order.
Load More
Yorumlar
Kalan Karakter: