Judge Approves Musk Settlement but Questions if Penalty Is Fair

Judge Approves Musk Settlement but Questions if Penalty Is Fair

A federal judge approved a $1.5 million penalty against Elon Musk for failing to disclose his Twitter stake on time, but publicly expressed doubt the fine was large enough. Musk allegedly made $150 million from the investment. He admitted no wrongdoing. The judge's skepticism signals the settlement met legal requirements despite appearing unbalanced.

Published

Read at another depth