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SEC's $1.5M Musk Deal OK'd Despite Court's 'Misgivings'

Multistory building with glass windows framed by two flagpoles flying the American flag

By Lauren Berg

Despite having "significant misgivings" about the U.S. Securities and Exchange Commission's $1.5 million settlement over Elon Musk's initial purchase of Twitter stock in 2022, a D.C. federal judge signed off on the parties' resolution Wednesday.


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  • Prologis Pushes Segro For Talks On £12.6B Takeover Bid

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  • Google Slips Suit Over Alleged AI Spying On Users, For Now

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  • NY Kalshi Ruling Should Inform Conn. Cases, AG Says

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    A New York federal judge's denial of Kalshi's push to block the state from regulating sports-related offerings on its prediction market platform should inform litigation the company and Coinbase have brought against Connecticut, the Connecticut Office of the Attorney General has said.

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  • US To Pay Anchorage $180M To End 12-Year Port Upgrade Suit

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    The federal government will pay $180 million to the city of Anchorage, Alaska, to settle the municipality's more than decade-old lawsuit accusing the U.S. Maritime Administration of breaching contractual agreements related to a failed Port of Alaska expansion and upgrade project, the parties have announced.

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    The Third Circuit on Wednesday pressed New Jersey's environmental regulator to show that the revived Northeast Supply Enhancement pipeline plan complied with the Clean Water Act, considering it lacked details about how state water quality standards would be monitored.

  • Split 3rd Circ. Revives UPMC Doc's Suit Over Anti-DEI Article

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    The Third Circuit partly revived a University of Pittsburgh Medical Center cardiologist's lawsuit over the professional backlash he faced for publishing an article criticizing race-based "affirmative action" in choosing medical students, with the court majority calling his bosses' reaction a defamatory "hit job."

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Expert Analysis

  • Patrick Judd
    Justices Stand On Statutory Specifics In Cisco And Landor
    With its June 23 decisions in Cisco Systems Inc. v. Doe and Landor v. Louisiana Department of Corrections and Public Safety, the U.S... (read more)
  • Kemal Hepsen
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  • Alex Smolak
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  • Katherine Goldstein
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    As Quantum Computing Evolves, So Do Antitrust Risks
    Amid quantum computing's increased strategic importance there are five potential antitrust fault lines that may arise not only betwe... (read more)
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