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Tuesday, September 24, 2024

SEC plans to reprimand Musk for skipping testimony on Twitter takeover

SEC plans to reprimand Musk for skipping testimony on Twitter takeover
The Securities and Exchange Commission (SEC) is planning to reprimand billionaire Elon Musk for skipping a previously-scheduled September testimony part of the agency’s investigation into the businessman’s $44 billion takeover of Twitter.  Tesla’s CEO was scheduled to testify on Sept. 10 in front of the agency’s three lawyers, the SEC said in a Friday filing.…

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