Tesla’s Elon Musk, SEC ordered by U.S. judge in order to settle
NEW YORK (Reuters) – A federal judge on Thursday ordered the U.S. Registration and Elon Musk to fulfill within the next a couple weeks as a measure to resolve matters underlying the regulator's contempt motion from the Tesla (NASDAQ:TSLA) Inc leader.
U.S. District Judge Alison Nathan in Manhattan said she may rule on calling hold Musk in contempt if all parties are not able to reach a legal contract.
The SEC accused Musk of contempt spanning a Feb. 19 Twitter post which it said violated his October 2018 fraud settlement when using the regulator.