Elon Musk under scrutiny once more over Twitter deal
by Dan Milmo in London from US news | The Guardian on (#61DXG)
The SEC has asked the Tesla chief to submit any material aimed at influencing shareholders after it finds issue with previous filings
The US financial watchdog has stepped up the pressure on Elon Musk over his attempt to buy Twitter by asking further questions about his filings during the process.
The Securities and Exchange Commission (SEC) asked Musk why he did not amend a filing related to the deal in a letter sent last month, according to correspondence disclosed by lawyers representing the Tesla CEO on Thursday. The disclosure by Musk's lawyers also reveals that the SEC has asked the entrepreneur to file any material aimed at influencing shareholders properly, after pointing out an issue with one such filing.
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