Re:Elon Musk to join Twitter’s board of directors
by JumpCrisscross on Tuesday April 05, 2022 @10:34AM
(#30919539)
> haven't seen analysis on whether it was illegal
He and Twitter will pay the SEC a fine and be done with it. The SEC is a civil agency. And this doesn't seem to rise to the level of criminal negligence.
(Practically speaking, he's probably losing his Tesla tweet-review case as a result of this. If he can't figure out if he's an activist when considering a Board seat, he probably needs someone with domain experience looking over his public statements.)
He and Twitter will pay the SEC a fine and be done with it. The SEC is a civil agency. And this doesn't seem to rise to the level of criminal negligence.
(Practically speaking, he's probably losing his Tesla tweet-review case as a result of this. If he can't figure out if he's an activist when considering a Board seat, he probably needs someone with domain experience looking over his public statements.)