Magical Trade
Wednesday, September 27, 2023
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Magical Trade
No Result
View All Result
Home Trade News

Tesla reportedly asked law firm to fire attorney who worked on Elon Musk probe at SEC

by
January 15, 2022
in Trade News
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

The S&P is heading below 3,000. Basic math (and a metric beloved by famed economist Robert Shiller) suggests it

Wednesday: Durable Goods

In this article

TSLA

Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014.
Lucy Nicholson | Reuters

A lawyer for Tesla asked a law firm to fire one its attorneys or risk losing its work for the electric automaker led by Elon Musk, The Wall Street Journal reported Saturday.

The lawyer that Tesla wanted Cooley LLP to fire previously worked at the U.S. Securities and Exchange Commission. The attorney interviewed Musk in the agency’s probe into the Tesla CEO’s 2018 claim that he obtained funding to take Tesla private, according to the publication. The investigation led to a settlement under which Musk agreed to pay a $20 million fine and step down as Tesla chairman.

Tesla’s lawyer late last year asked Cooley to fire the attorney who worked on the SEC investigation, the Journal reported, citing people familiar with the matter. The firm did not remove the associate.

Tesla has moved to replace Cooley or hire additional lawyers on several cases since December, according to the Journal.

Musk’s rocket company SpaceX has also stopped working with the law firm on regulatory issues, the Journal reported, citing people familiar with the matter.

Tesla, SpaceX and Cooley did not immediately respond to CNBC’s requests to comment.

Read the full Journal report here.

Subscribe to CNBC on YouTube.

ShareTweetPin

Related Posts

The S&P is heading below 3,000. Basic math (and a metric beloved by famed economist Robert Shiller) suggests it

by
September 27, 2023
0

Wednesday: Durable Goods

by
September 27, 2023
0

The Right Amount of Cash to Keep at Home for Emergencies. Hint: Not $480,000

by
September 26, 2023
0

Elon Musk Says Auto Union’s Demands Would Bankrupt Big Three Carmakers

by
September 26, 2023
0

Is Fidelcrest The Best Prop Trading Firm?

by
September 26, 2023
0

Next Post

Why a falling dollar signals ‘markets are in wonderland’ over inflation and Fed

How the U.S. fell behind in lithium, the 'white gold' of electric vehicles

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Fund manager believes FAANG is dead — says now it’s all about MANTA

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Bank of America names its top global tech stocks — including one it says has upside of 100%

    0 shares
    Share 0 Tweet 0
  • This idiot-proof portfolio has beaten traditional stocks and bonds over 50 years

    0 shares
    Share 0 Tweet 0
  • Josh Brown says Nvidia’s potential is ‘scary’ ahead of a potential AI boom

    0 shares
    Share 0 Tweet 0
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.magicaltrade.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.magicaltrade.net