SEC Case Against Elon Musk Called Weak and Political by Expert

John Reed Stark, a former official with the U.S. Securities and Exchange Commission (SEC), has weighed in on the SEC’s lawsuit against X CEO Elon Musk, which accused him of failing to disclose his purchase of over 5% of Twitter’s shares in early 2022. In a post on X, Stark expressed his agreement with Musk regarding the SEC’s civil enforcement action, referring to it as a “joke.” The ex-SEC... source: https://news.shib.io/2025/01/16/sec-case-against-elon-musk-called-weak-and-political-by-expert/?utm_source=rss&utm_medium=rss&utm_campaign=sec-case-against-elon-musk-called-weak-and-political-by-expert