• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2018 / August / 16 / SEC Subpoenas Tesla Over Elon Musk’s Tweets About Going Private on Cheddar

SEC Subpoenas Tesla Over Elon Musk’s Tweets About Going Private on Cheddar

By Securities Docket on August 16, 2018, 8:49 am

The SEC took another step forward in its investigation into Tesla, sending subpoenas to the company.

News of the subpoena, which Fox Business’ Charles Gasparino broke, comes one week after CEO Elon Musk tweeted his desire to take the company private, and that “funding” was “secured.” When asked if the move is standard in SEC investigations, former SEC enforcement attorney John Reed Stark said yes.

“There’s nothing unusual, there’s nothing surprising about it,” Stark told Cheddar Wednesday. “Anytime any potential wrongdoing gets that kind of publicity the SEC staff is going to get together very quickly and issue these subpoenas.”

via SEC Subpoenas Tesla Over Elon Musk’s Tweets About Going Private on Cheddar.

Posted in SEC, Top | Tagged Tesla

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Ankura

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events