Trusted News Discovery Since 2008
{{/content}}
F1 Team Alpine files legal action against its sustainable partner in England
Credit: City A.M.- Published 3 weeks ago
French F1 team Alpine has launched legal action against its sustainable partner after filing a claim to the English High Court
Video credit: Wibbitz Top Stories
Published 3 weeks ago - 01:31
Elon Musk Loses Appeal of 'Twitter Sitter' Provision
Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
NBC reports that the SEC requirement
would require a lawyer to review
the Tesla CEO's social media posts. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC deemed the tweets
"materially false and misleading,"
and in clear violation of securities laws.
At the time, Musk agreed to settle the issue
with the SEC, which included his signing off
on the so-called "Twitter sitter" provision.
NBC reports that Musk has since said
the restrictions are unconstitutional and that
he was coerced into signing the SEC agreement.
According to court papers, lawyers
representing Musk have accused the SEC
of waging an "ongoing campaign" against Musk.
Musk's legal team claim the provision , "restricts Mr. Musk’s speech even
when truthful and accurate.".
It extends to speech not
covered by the securities laws
and with no relation to the conduct
underlying the SEC’s civil action, Elon Musk legal team, via NBC.
In response, the SEC said in court papers
that Musk waived his right to appeal
when he signed off on the settlement.
You are here
More: Formula 1
Related videos from verified sources
Here is the Ferrari SF-24 for Miami 00:48
Credit: AutoMotions - Published 2 weeks ago
Awesome Truth have a mystery partner to take on Judgment Day: Raw highlights, April 8, 2024 03:09
Credit: Rumble - Published on April 11, 2024
John Cena makes a surprise return to partner with Awesome Truth: Raw highlights, April 8, 2024 03:10
Credit: Rumble - Published on April 11, 2024