SEC Seeks to Force Musk Testimony on Twitter Stock Purchases (1)

The US Securities and Exchange Commission, which is investigating whether Elon Musk violated securities laws as he bought Twitter Inc. shares ahead of his purchase of the social media platform, is seeking to force the billionaire to testify.

The Wall Street regulator said on Thursday that Musk failed to appear to testify last month as requested. The agency is reviewing Musk’s statements and disclosures about the stock transactions, according to a filing by the agency in federal court in San Francisco.

The SEC began its probe in April 2022 and has requested thousands of documents from Musk and other ...