Judge threatens to force Musk testimony in SEC probe: report ...Middle East

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Judge threatens to force Musk testimony in SEC probe: report
source : The Hill ( Middle East ) () 12
A federal judge warned Elon Musk that he will be forced to testify in a Securities and Exchange Commission (SEC) investigation if he does not voluntarily agree to answer questions from the agency about his 2022 purchase of the platform then known as Twitter. U.S. Magistrate Judge Laurel Beeler reportedly dismissed Musk’s argument that the SEC lacks the authority to issue an administrative subpoena and told the two sides to set a time for the billionaire’s deposition, according to Reuters. If Musk and the SEC fail to agree on a time, Beeler said she would issue an order setting the deposition for February in San Francisco. “You’ve got one more four-hour deposition, one more day of

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