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By
FDI Creative Services
on 02/25/2019
Category:
Security News
SEC seeks contempt charge against Tesla's Musk, says tweet violates deal
The U.S. Securities and Exchange Commission (SEC) is pursuing a contempt order against Tesla Inc CEO Elon Musk, saying he violated a fraud settlement by tweeting material information without preapproval, sending the firm's shares down 5 percent.
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