U.S. Judge Delays Approval of Elon Musk's SEC Settlement
A U.S. federal judge has declined to immediately approve a $1.5 million settlement between Elon Musk and the SEC regarding Musk's delayed disclosure of a Twitter stake. The judge requested more information to assess the fairness and public interest of the agreement. The settlement does not require Musk to admit wrongdoing or return the $150 million he allegedly saved.
Tickers: $TSLA
Topics: Elon Musk legal SEC settlement Twitter