US markets regulator issues summons to Musk over Twitter stake disclosure

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Elon Musk, the world’s richest man and a top adviser to US President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission’s lawsuit against him, a court filing on Thursday showed.

A process server gave the civil summons and other documents on March 14 to a security guard at the Brownsville, Texas, headquarters of SpaceX, the space technology company of which Musk is CEO, the filing said. An answer is due on April 4, according to the docket.

Elon Musk, the world’s richest man and a top adviser to U.S. President…



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US markets regulator issues summons to Musk over Twitter stake disclosure

, Published By CNBCTV
TechWorld News


Elon Musk, the world’s richest man and a top adviser to US President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission’s lawsuit against him, a court filing on Thursday showed.

A process server gave the civil summons and other documents on March 14 to a security guard at the Brownsville, Texas, headquarters of SpaceX, the space technology company of which Musk is CEO, the filing said. An answer is due on April 4, according to the docket.

Elon Musk, the world’s richest man and a top adviser to U.S. President…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
How Canva Keeps Its Image Metadata Fresh
Next News
Nourish You Secures ₹16 Cr in Series A Funding Led by SIDBI Venture Capital
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