Tesla CEO Elon Musk has been sued by the Securities and Exchange Commission for fraud. According to court documents filed Thursday, the SEC alleges that Musk misled investors when he tweeted that he was “virtually certain” he could take the automobile company private. In a lawsuit filed Thursday in Manhattan federal court, the agency stated: Read the lawsuit that was filed in Manhattan District Court: Shares of the automaker fell roughly 10 percent in after-hours trading Thursday. In…
from https://www.bizjournals.com/baltimore/news/2018/09/27/sec-charges-tesla-ceo-elon-musk-with-fraud.html?ana=RSS&s=article_search
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