Judge Sooknanan also noted that SEC lawyers at a prior hearing to discuss the case had appeared surprised when lawyers for Musk revealed that they had been in settlement talks with the agency.

Before approving a consent decree that would have Elon Musk paying $1.5 million to resolve a Biden-era enforcement action, the court must consider "the legality of the decree, whether it resolves the ...

A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited ...

Settlement on hold: Judge Sparkle Sooknanan paused Musk’s $1.5 million SEC settlement pending more information on fairness. Alleged trading advantage: The SEC says Musk’s late Twitter stake disclosure ...

"I am not going to rubber stamp this settlement," U.S. District Judge Sparkle Sooknanan said regarding a $1.5 million consent judgment that would resolve allegations Musk harmed Twitter investors with ...