Elon Musk's Twitter Investment Raises New Regulatory Red Flag

Late disclosure of stake could affect Tesla CEO's continuing legal skirmish with the SEC, lawyers say
The Wall Street Journal
April 4, 2022

Howard Berkenblit was quoted in the article, "Elon Musk's Twitter Investment Raises New Regulatory Red Flag[sub. req.] which was published in The Wall Street Journal on April 4, 2022.

In the article, Howard notes that following Elon Musk's newly disclosed 9.2% ownership stake in Twitter and subsequent tweets hinting at policy changes on the social media platform, SEC regulators could look into those tweets. "He is not trying to influence the board or the strategy of the company. That would be his counterargument. Like any other shareholder, he is just expressing his opinion. Certainly, the SEC could ask him questions about that."

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