SEC asks to disburse $40M to investors four years after Musk settlement

Teslarati
By Joey KlenderMar 9, 2022, 12:15 pm172 pts
The Securities and Exchange Commission, or SEC, asked a judge for permission to disburse $40 million in funds to investors that were collected as part of a 2018 settlement with Tesla and its CEO Elon Musk. The SEC said in a filing on Tuesday night that it was ready for a “fair and reasonable” means to…

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