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Musk Loses Bid to Move SEC Suit Over Twitter Stake to Texas
MINT·2025-10-02 16:26

A federal judge rejected Elon Musk’s bid to transfer to a court in Texas a US Securities and Exchange Commission lawsuit alleging he was late in disclosing his 2022 stake in Twitter Inc. “The Court takes Mr. Musk’s convenience seriously, but it also notes that Mr. Musk has considerable means and spends at least forty percent of his time outside his chosen forum,” US District Judge Sparkle Sooknanan wrote in an order Thursday in Washington. “Indeed, although Mr. Musk may have ‘rarely’ traveled to this Dist ...