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Biden administration urges US Supreme Court to reject Musk appeal in SEC dispute

President Joe Biden's administration on Friday urged the U.S. Supreme Court to turn away billionaire businessman Elon Musk's dispute with the Securities and Exchange Commission. Musk in December asked the justices to take up his appeal after a lower court upheld his consent decree with the SEC that arose after he posted on Twitter, now called X, in 2018 that he had "funding secured" to take his electric car company Tesla private. The SEC accused Musk of defrauding investors...
New York United States John Kruzel Elon Musk Joe Biden Andrew Chung
Source: yahoo.com

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