The
officials
assessing
whether
Elon
Musk
violated
federal
securities
law
during
his
acquisition
of
Twitter
are
growing
tired
of
his
alleged
attempts
to
stall
their
investigation.
In
a
new
filing
on
Wednesday,
the
US
Securities
and
Exchange
Commission
(SEC)
accused
Musk
of
trying
to
“misrepresent”
the
scope
of
its
investigation,
claiming
that
he
“persists
with
baseless
constitutional
objections”
against
its
attempts
to
make
him
testify.
The
SEC
has
been
scrutinizing
Musk
since
2022
over
his
delay
in
disclosing
a
substantial
stake
in
Twitter.
Musk
had
purchased
before
initiating
his
acquisition
of
the
social
media
platform
on
April
14th.
According
to
the
SEC,
while
Musk
testified
twice
that
year,
he
has
since
fought
against
a
third
and
final
attempt
to
interview
him,
accusing
the
regulator
of
“harassment”
when
it
sued
him
in
October
last
year
for
refusing
to
testify.
On
February
10th,
a
federal
judge
ordered
Musk
to
cooperate
in
the
SEC’s
investigation,
asserting
that
if
a
date
and
location
for
the
interview
couldn’t
be
agreed
upon
between
the
parties
within
a
week
then
the
decision
would
be
made
for
them.
That
testimony
has
yet
to
take
place,
with
the
SEC
now
accusing
Musk
of
using
“gamesmanship”
to
hinder
its
investigation.
The
Commission
claims
that
following
its
attempt
in
April
2023
to
schedule
Musk’s
final
session
of
testimony,
he
“has
done
everything
he
can
to
delay
the
completion
of
this
matter.
Musk
now
complains
that
this
investigation
has
been
pending
for
too
long,
but
it
was
Musk’s
delay
tactics
that
have
turned
one
year
into
almost
two.”
Interestingly,
the
SEC
filing
also
mentions
that
Walter
Isaacson’s
biography
on
Musk
—
which
allegedly
“provides
important
new
information”
relevant
to
the
investigation
—
was
published
three
days
before
he
failed
to
show
up
for
testimony
in
September
2023.
That
same
book
is
also
being
referenced
in
a
lawsuit
raised
by
several
of
the
top
Twitter
executives
Musk
fired
shortly
after
he
acquired
the
company.
(Originally posted by Jess Weatherbed)
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