Elon Musk has agreed to testify within the Securities and Trade Fee’s investigation into his $44 billion acquisition of Twitter. A authorized submitting Thursday confirmed Musk waived his proper to attraction a court docket order requiring him to testify.
Which means Musk must seem at one of many SEC places of work for a five-hour interview. The submitting stated Musk and the SEC had agreed on a date however had not disclosed it “for confidentiality functions.”
In 2022, the U.S. Securities and Trade Fee (SEC) launched an investigation into Musk’s failure to correctly disclose his stake in Twitter. However final October, the Securities and Trade Fee filed swimsuit in opposition to Musk after he refused to testify within the company’s investigation. The SEC claimed that Musk “out of the blue notified SEC workers that he…
proceed studying…
