In this episode of the FCPA Compliance Report, I am joined by Professor Karen Woody from Washington & Lee Law School and discuss the recent filing by attorneys for Elon Musk and Tesla to revoke the previously agreed to Consent Decree over his 2018 tweets about taking Tesla private at $420 per share and then withdrawing it a week later.
Highlights include: (1) What is the legal basis for the Motion? (2) Can a court hear an equitable claim for a regulatory consent decree? (3) What is the remedy Musk is See more +
In this episode of the FCPA Compliance Report, I am joined by Professor Karen Woody from Washington & Lee Law School and discuss the recent filing by attorneys for Elon Musk and Tesla to revoke the previously agreed to Consent Decree over his 2018 tweets about taking Tesla private at $420 per share and then withdrawing it a week later.
Highlights include: (1) What is the legal basis for the Motion? (2) Can a court hear an equitable claim for a regulatory consent decree? (3) What is the remedy Musk is seeking? (4) What about his $20MM fine, which has been paid? (5) Is the SEC harassing Musk for alleging violations of the Consent Decree?
Tune in to FCPA Compliance Report podcast in Compliance Podcast Network to learn more on Elon Musk Attack on SEC Consent Decree. See less -