Month: September 2018

Musk, Tesla Settle With SEC – A Creative Solution

Elon Musk famously tweeted “Am considering taking Tesla private at $420. Funding secured” on August 7, 2018. Those nine words set off a fire storm of publicity. The share price of Tesla jumped. Analysts called. The SEC investigated. The DOJ

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This Week In Securities Litigation (Week ending September 28, 2018)

The Commission charged Tesla co-founder Elon Musk with fraud in a complaint filed this week. The complaint centers on the now infamous “funding secured” tweet regarding taking Tesla private, although the document also lays out the background to that action

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