U.S. judge approves SEC payout from Elon Musk, Tesla settlements

By:

JONATHAN STEMPEL

By:

Reuters

March 26, 2022 11:20 AM

NEW YORK -- A federal judge on Friday authorized the U.S. Securities and Exchange Commission to distribute $40 million from its 2018 settlements with Tesla Inc. and CEO Elon Musk, after Musk accused the regulator of dragging its heels.

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