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Judge Rejects Musk's Bid to Move SEC Case

10/3/2025

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Summary

Story summary

Judge Sparkle Sooknanan denied Elon Musk's bid to move the Securities and Exchange Commission (SEC) case from D.C. to New York or Texas.
The SEC alleges Musk violated law by not disclosing his 5% Twitter stake before acquiring Twitter in March 2022.
The SEC says Musk missed the 10-day disclosure deadline; Musk's team says disclosure was prompt after consulting counsel.

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Story summary

Judge Sparkle Sooknanan denied Elon Musk's bid to move the Securities and Exchange Commission (SEC) case from D.C. to New York or Texas.
The SEC alleges Musk violated law by not disclosing his 5% Twitter stake before acquiring Twitter in March 2022.
The SEC says Musk missed the 10-day disclosure deadline; Musk's team says disclosure was prompt after consulting counsel.