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Monday, February 25, 2019

SEC seeks contempt charge against Tesla's Musk, says tweet violates deal

The U.S. Securities and Exchange Commission (SEC) is pursuing a contempt order against Tesla Inc CEO Elon Musk, saying he violated a fraud settlement by tweeting material information without preapproval, sending the firm's shares down 5 percent.


from Reuters: Technology News https://ift.tt/2Nu0Jb9

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