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Search resuls for: "Judge Laurel Beeler"


4 mentions found


☆ SEC is unhappy that Elon Musk did not give testimony to the financial regulator to attend a SpaceX launch
  + stars: | 2024-09-21 | by ( Brent D. Griffiths | ) www.businessinsider.com   time to read: +4 min
US Magistrate Judge Laurel Beeler said in February that Musk viewed the SEC's investigation as "baseless and harassing." In the regulator's view, Musk should have known about the launch and made proper arrangements beforehand. Spiro also argued that Musk's attendance at the SpaceX launch was exactly the type of emergency that the court order agreed could lead to rescheduling. Related stories"The last time the SEC went hysterically running into court, they were told to 'put their big boy pants on,'" Spiro wrote in an email to BI. "Just want to that the Shortseller Enrichment Commission is doing incredible work," Musk wrote on Twitter.
Persons: —, Elon, Robin Andrews, Musk, Laurel Beeler, Andrews, Alex Spiro, Spiro, Tesla Organizations: Service, US Securities and Exchange Commission, Twitter, SEC, Business, Polaris, SpaceX Locations: California, Florida, Los Angeles
☆ Judge Orders Elon Musk to Testify in SEC Probe of His $44 Billion Twitter Takeover in 2022
  + stars: | 2024-02-12 | by ( Associated Press | Feb. | At P.M. | ) www.usnews.com   time to read: +2 min
SAN FRANCISCO (AP) — A judge has ordered Elon Musk to testify for a third time as part of the Securities and Exchange Commission’s investigation into his $44 billion purchase of Twitter, now called X, in 2022. Magistrate Judge Laurel Beeler issued an order Saturday giving Musk, his team and the SEC a week to agree on a date and location for Musk’s testimony. Beeler said, however, that the court is enforcing the SEC's subpoena and that the testimony is “not unduly burdensome” for Musk. The SEC had given Musk the option to testify in Texas, where he lives. The SEC and a lawyer for Musk did not immediately respond to messages seeking comment on Monday.
Persons: —, Elon Musk, Judge Laurel Beeler, Beeler, ” Beeler, “, Musk Organizations: FRANCISCO, Securities, Exchange, Twitter, SEC, SpaceX, U.S, Constitution, San Locations: Northern California, Texas, San Francisco
☆ US judge orders Elon Musk to testify in SEC’s Twitter probe
  + stars: | 2024-02-12 | by ( ) edition.cnn.com   time to read: +1 min
CNN —A federal judge ordered Elon Musk to testify again in the US Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview. Musk fought the SEC’s bid to interview him, saying it had already done so twice, and accused the regulator of harassment. To settle that case, Musk agreed that a Tesla lawyer would vet his tweets about the electric vehicle maker. The SEC sued him again in 2019 for allegedly breaching that provision. Musk has asked the U.S. Supreme Court to review the agreement, saying it violates his constitutional right to free speech.
Persons: Elon Musk, Laurel Beeler’s, Musk, Beeler Organizations: CNN, US Securities, Exchange, Twitter, SEC, SpaceX, ”, U.S, Supreme
☆ Elon Musk must testify in SEC probe of his Twitter takeover
  + stars: | 2024-02-12 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com   time to read: +2 min
Tesla and SpaceX CEO Elon Musk has to testify in a probe by the U.S. Securities and Exchange Commission concerning his 2022 acquisition of Twitter, a U.S. judge ordered in a court filing out Saturday. Musk closed his acquisition of Twitter in October 2022 in a deal worth roughly $44 billion, and has since rebranded it X. Musk, his attorney Alex Spiro and the SEC did not immediately respond to requests for comment. The settlement required Musk to have a "Twitter sitter" approve his tweets about his electric vehicle business before posting them. Attorneys for SpaceX argued in their suit that the very structure of the federal labor board violates the U.S. Constitution.
Persons: Elon Musk, Musk, Laurel Beeler, Alex Spiro, Tesla Organizations: SpaceX, U.S . Securities, Exchange Commission, Twitter, CNBC, SEC, U.S, Supreme, National Labor Relations Board, NLRB, Southern, Southern District of, Attorneys, . Constitution, Starbucks Locations: Warsaw, Poland, U.S, Southern District, Southern District of Texas, Brownsville, .
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