Judge approves SEC settlement with Musk despite ‘significant misgivings’
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Summary
A federal judge approved the Securities and Exchange Commission’s (SEC) $1.5 million settlement with Elon Musk on Wednesday, saying the agreement did not meet the “high threshold” for the court to strike it down despite “significant misgivings.” The final approval of the settlement, which the SEC first announced in May, resolves a yearslong dispute with…