JPMorgan moves for judgment in its favor on the pleadings in lawsuit accusing Tesla Inc of breach of contract.
Elon Musk challenges a Court order that sided with the SEC in a lawsuit about his tweets regarding Tesla.
The Court finds Elon Musk’s argument that the SEC has used the consent decree to harass him meritless and particularly ironic.
To date JPMorgan and Tesla have not had meaningful settlement discussions in a lawsuit about Elon Musk’s tweets.
The New York Southern District Court has approved the SEC’s plan for the distribution of $40 million paid by Tesla and Elon Musk.
Modifying Elon Musk’s Amended Final Judgment would not free him from scrutiny over his Tesla-related tweets.
The precise application of Elon Musk and Tesla to the Court is unclear, Judge Alison J. Nathan concluded about the complaint against the SEC.
JPMorgan has responded to the Counterclaim filed by Tesla, Inc. in a lawsuit evolving around an Elon Musk tweet from August 2018.
The SEC responds to allegations by Tesla and Elon Musk that it tried to harass them following a $40 million settlement.
Elon Musk alleges that the SEC has failed to comply with its promise to pay Tesla’s shareholders the $40 million it collected.