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Tesla Shareholders Ask Ninth Circuit for Reinstatement of Lawsuit Against Elon Musk for Short-Swing Trading
30 Sep 2019, 7:00 am by Race to the Bottom
(Bethany McLean, Vanity Fair).The current lawsuit, brought by shareholders John Olagues and Ray Wollney, alleges that Musk violated Section 16(b) of the Securities and Exchange Act of 1934, by realizing profits from an alleged “short-swing trade. [read post]
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