Elon Musk Faces the US SEC Scrutiny Over Tweets on USD 44 Billion Twitter Deal

The US Securities and Exchange Commission (SEC) asked Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal, according to the June 2 letter made public on Thursday. Securities lawyers said they expected the SEC would scrutinise Musk's public statements on the deal to assess whether he misled the marke...

from Gadgets 360 https://ift.tt/QC3X8Ao