{"id":1007490,"date":"2026-05-11T10:25:26","date_gmt":"2026-05-11T04:55:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1007490"},"modified":"2026-05-11T11:58:51","modified_gmt":"2026-05-11T06:28:51","slug":"us-judge-will-not-rubber-stamp-elon-musk-settlement-with-sec","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/11\/us-judge-will-not-rubber-stamp-elon-musk-settlement-with-sec\/","title":{"rendered":"US judge will not rubber-stamp Elon Musk settlement with SEC"},"content":{"rendered":"<p>A federal judge on Friday declined to quickly approve the U.S. Securities and Exchange Commission&#8217;s $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached.<\/p>\n<p>The settlement would resolve an SEC lawsuit accusing Musk of \u200cwaiting 11 \u2060days \u2060too long to disclose he had amassed a 5% stake in Twitter, and saving $150 million by the time he revealed a 9.2% stake in April 2022. Musk, the world&#8217;s richest person, bought Twitter for $44 billion six months later.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A federal judge on Friday declined to quickly approve the U.S. Securities and Exchange Commission&#8217;s $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached. The settlement would resolve an SEC lawsuit accusing Musk of \u200cwaiting 11 \u2060days \u2060too long to disclose he had amassed a 5% stake in Twitter, and saving $150 million by the time he revealed a 9.2% stake in April 2022. Musk, the world&#8217;s richest person, bought Twitter for $44 billion six months later.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1007490","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1007490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1007490"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1007490\/revisions"}],"predecessor-version":[{"id":1007545,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1007490\/revisions\/1007545"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1007490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1007490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1007490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}