Fortune

Rechter keurt Twitter-schikking Musk goed ondanks 'ernstige bezwaren'

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A federal judge approved a $1.5 million SEC settlement with Elon Musk despite expressing serious concerns about its adequacy, noting the deal appeared to undervalue potential savings Musk gained through alleged stock disclosure violations. The judge questioned whether the settlement properly protected shareholders but ultimately authorized the agreement, which the SEC itself acknowledged as