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Browse: Home / 2019 / February / 27 / SEC claim that Elon Musk in contempt of court highly unusual – Business Insider

SEC claim that Elon Musk in contempt of court highly unusual – Business Insider

By Securities Docket on February 27, 2019, 10:01 am

The Securities and Exchange Commission’s (SEC) allegation that Tesla CEO Elon Musk is in contempt of the federal court that approved a settlement between Musk and the agency is highly unusual, the former SEC senior counsel Thomas Gorman told Business Insider.

Being in contempt of court means either misbehaving in a courtroom or deliberately disobeying a court order (the SEC is accusing Musk of the latter). The SEC rarely brings contempt proceedings, Gorman said.

via SEC claim that Elon Musk in contempt of court highly unusual – Business Insider.

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Posted in SEC, Top | Tagged Contempt of Court, Tesla

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