Musk Must Testify in SEC Twitter Probe, Court Rules (1)

A federal court in California is enforcing a subpoena for Elon Musk to testify before the US Securities and Exchange Commission regarding potential violations of federal securities laws in connection with his purchase of Twitter.

The court ruled the evidence gathered is relevant and material to the SEC’s investigation and the testimony required of Musk is not unduly burdensome, a court filing Saturday said. The two parties were ordered to meet within one week and decide on a date and location for the testimony.

Musk had testified before the SEC twice in half-day sessions on July of 2022. But ...