The SEC has asked a federal judge to sanction Elon Musk if he continues to violate the court's order to appear for a deposition in a probe of his 2022 Twitter acquisition.
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.if he continues to violate the court's order to appear for a deposition in a probe of his 2022 Twitter acquisition.
"Musk has now failed to appear before the SEC twice: first in September 2023, in defiance of a lawful administrative subpoena, and last week, in defiance of a clear court order," SEC attorney Robin Andrews said in the Friday filing."The Court must make clear that Musk's gamesmanship and delay tactics must cease," Andrews wrote.
"Without further action by the Court, nothing deters Musk" from "simply failing to show up for that date," Andrews wrote.
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