#sec-lawsuit

#sec-lawsuit

Whether Musk can defeat the SEC lawsuit without Trump's intervention remains to be seen as the lawsuit advances. In her opinion, the judge found that the government's interest in requiring disclosures to ensure fair markets outweighed Musk's fears that disclosures compelled speech revealing his "thoughts" and "strategy." Accepting Musk's arguments would be an "odd" choice to break "new ground," she suggested, as it could foreseeably impact a wide range of laws.

A lawsuit brought by the US Securities & Exchange Commission (SEC) against SolarWinds has been dropped. The legal fire was also directed at the company's CISO, Timothy G. Brown. Brown's alleged personal responsibility will now not be determined in court. It therefore appears that CISOs have less to fear from the law than previously thought. CISOs are responsible for securing their company's IT infrastructure.

Jacobus induced dozens of Venezuelans living in South Florida and abroad to sink $94 million into investments that he stole from their accounts over the past two decades.