The Supreme Court declined to take up Elon Musk’s case to nullify his settlement with the SEC that requires preapproval for some Tesla related tweets.
Elon Musk’s efforts to nullify a settlement with the Securities and Exchange Commission that requires him to get a lawyer’s preapproval for some posts related to Tesla has been rejected by the US Supreme Court. Musk has been required to receive approval from his so-called “Twitter sitter” after signing a consent decree with the SEC in 2018 in response to his tweets about taking Tesla private, in which he falsely stated to have “funding secured.
And Bloomberg’s Dana Hull, who has been investigating the Twitter sitter for years, has yet to turn up a name. 'The Twitter sitter lives on' Last year, a federal appeals court rejected Musk’s bid to toss or modify the settlement. Musk’s lawyers appealed the decision to the Supreme Court, arguing it violated their client’s free speech rights. But today, the court declined to take up the case, leaving the lower court’s ruling in place.
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