Source: New York Post
A federal judge on Wednesday cast doubt on the motives behind the Securities and Exchange Commission’s $1. 5 million settlement over Elon Musk’s purchase of Twitter, suggesting the deal may have been inked with the sole purpose of avoiding penalizing him personally. US District Judge Sparkle Sooknanan in Washington, DC, last week had summoned attorneys for both sides to appear before her to discuss the settlement, which the judge said had a string of “irregularities” that required in-depth explanation.
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