Published February 12,2024
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A U.S. federal choose ordered billionaire Elon Musk to testify once more in a probe of his $44 billion takeover of social media agency Twitter, now often called X.
Magistrate Judge Laurel Beeler within the U.S. District Court Northern District of California issued the order on Saturday evening, in line with a number of reviews.
The newest order follows a tentative ruling she made in December 2023, when she mentioned Musk has to testify within the U.S. Securities and Exchange Commission’s (SEC) probe.
The SEC sued Musk in October final yr, in an effort to pressure him to testify about his buy of Twitter, arguing that the billionaire failed to look for testimony on Sept. 15 as required by a subpoena and delayed the regulator’s ongoing investigation.
The regulator additionally famous that its officers tried to give you an agreed time and place to fulfill with Musk in October and November.
The probe goals to search out out whether or not the $44 billion buy of the social media agency violated any federal legal guidelines.
Source: www.anews.com.tr