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Judge knocks down Elon Musk’s bid to end SEC consent decree

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019.Aly Song | ReutersA federal judge on Wednesday knocked down Tesla CEO Elon Musk's bid to terminate a settlement agreement he struck with the Securities and Exchange Commission after the agency charged him with securities fraud in September 2018. The judge also denied Musk's motion to quash a newer subpoena by the SEC.The financial regulators had charged Tesla and Musk with making "false and misleading"…

Judge tells Elon Musk he can’t get out of his ‘Twitter police’ deal with the SEC

A judge shut down Elon Musk’s effort to cancel the part of his settlement with the SEC over his ‘funding secured’ tweet that basically gave the agency the right to act as a sort of ‘Twitter police.’ It happened all the way back in 2018, but it’s still in the news today for a bunch of different reasons, ranging from Musk buying Twitter, civil lawsuits over the matter, and Musk’s own effort to walk back part of the settlement. Earlier this month, Musk brought up the whole situation in an interview at TED and …

Elon Musk wins case over Tesla’s acquisition of SolarCity – Judge says he was too involved but paid a fair price

A judge sided with Elon Musk in a court case brought by investors over Tesla’s acquisition of SolarCity, which they claimed was pushed by Musk to bail out the solar installer. The court found that Musk was more involved than he should have been in the acquisition considering his interest on both sides, but the judge ultimately determined that Tesla didn’t overpay for SolarCity. In 2016, Tesla’s board and shareholders approved a $2.6 billion acquisition of SolarCity with a strong majority, but not everyone was…

Google Antitrust Case: US Judge Not Convinced Company’s Conduct Will Get Sanction

The US federal judge hearing the government's antitrust case against Alphabet's Google said on Friday he was not convinced that he had the authority to sanction the company for overzealous use of attorney-client privilege if it occurred before the Justice Department's lawsuit was filed.The department had asked Judge Amit Mehta in a court filing to sanction Google, saying the company's "Communicate with Care" programme, which asked employees to add a lawyer to many emails, was sometimes a "game" to shield communications…