Judge appointed by Biden agrees to Elon Musk’s settlement with SEC regarding Twitter disclosures, albeit reluctantly
A federal judge has approved the SEC’s settlement with Elon Musk regarding his Twitter stock purchases, although she voiced “serious concerns” about various “red flags” surrounding the agreement. U.S. District Judge Sparkle Skunanan, situated in Washington, D.C., acknowledged her limited role in assessing whether the settlement met basic fairness standards or risked undermining judicial authority. […]