Judge Orders Musk And SEC To Justify Settlement

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  • 6 years ago
According to Reuters, a federal judge on Thursday gave Tesla CEO Elon Musk and the U.S. Securities and Exchange Commission one week to justify their settlement regarding the securities fraud charges against Musk. U.S. District Judge Alison Nathan said she regularly requires both parties to submit a joint letter to show why their settlement is fair and reasonable and that it will not hurt the public interest.

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