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Judge approves Musk’s $1.5m SEC Twitter settlement despite ‘red flags’

A federal judge has approved the Securities and Exchange Commission’s settlement with Elon Musk over his late disclosure of a Twitter stake, closing a case that has run for years. US District Judge Sparkle L. Sooknanan entered the consent judgment on Wednesday in Washington, DC, despite what she described as significant misgivings about the deal. […]

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Judge upholds the verdict that Musk defrauded Twitter investors

A federal judge has refused to overturn a jury’s finding that Elon Musk defrauded Twitter investors during his $44bn takeover of the platform in 2022. US District Judge Charles Breyer denied Musk’s motion to set aside the verdict in most respects on Monday. A San Francisco jury ruled in March that two of Musk’s May 2022 tweets about the […]

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