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SEC to Seek Sanctions Against Elon Musk Over $44 Billion Twitter Acquisition Probe
Sep 20, 2024, 08:26 PM
The U.S. Securities and Exchange Commission (SEC) has announced its intention to seek sanctions against Elon Musk. This action follows Musk's failure to appear for scheduled, court-ordered testimony in the SEC's investigation into his $44 billion acquisition of Twitter. The SEC's move is detailed in a court filing, highlighting Musk's non-compliance with a court order to testify in the probe into Twitter.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Complies with sanctions • 25%
Files an appeal • 25%
Settles with SEC • 25%
Other response • 25%
Accept settlement • 25%
Reject settlement and fight charges • 25%
Negotiate different settlement • 25%
No public response • 25%
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Agrees to settlement • 25%
Challenges in court • 25%
Negotiates for reduced penalty • 25%
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