Elon Musk on Wednesday appealed a judge’s refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla Inc (TSLA.O) lawyer to vet some of his posts on Twitter.
According to a court filing, Musk will ask the 2nd U.S. Circuit Court of Appeals in Manhattan to overturn the April 27 decision by U.S. District Judge Lewis Liman allowing his consent decree with the SEC to stand. read more The SEC declined to comment.
The decree resolved an SEC lawsuit accusing Musk of defrauding investors by tweeting on Aug. 7, 2018, that he had “funding secured” to take his electric car company private, though a buyout was not close.
‘Enforcement 40’ for 2020
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