The Law of the Financial Markets from Top Securities Lawyers
Saturday, May 30, 2026
Look, we understand, it was not fraud, it is a reporting violation, but what is the point of financial penalties if they do not have any impact on the defendant, or have no relationship to the amount of benefit he received? Musk purchased Twitter for $44 billion in a leveraged buyout […]
He tried once before and was denied, but Elon Musk has asked a federal appeals court in New York to throw out his 2018 agreement with US regulators requiring a Tesla Inc. lawyer to screen all his company-related Twitter posts, calling it an illegal limitation on his free-speech rights. Musk, Tesla’s chief executive officer […]
A jury found that Musk was not liable for damages to Tesla investors for his “funding secured” tweet. It is important to keep in mind that this was an investor lawsuit, not an enforcement action by the SEC. V https://www.reuters.com/legal/securities-fraud-trial-over-elon-musks-2018-tweets-draws-close-2023-02-03/
