8legs: Sparkle l. sooknanan

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Judge hands Trump ally a stinging rebuke in court

A D.C. judge dismissed Elon Musk's lawsuit over Twitter disclosure rules in a stinging rebuke.
The court said Musk ignored a straightforward application of the law in the case.
Sooknanan rejected Musk's defenses about vague disclosure rules and selective enforcement.
The case concerned disclosure requirements that apply once a 5% stake is reached.
Musk began acquiring Reuters stock and argued over timing in relation to SEC rules (contextual mention).
The judge indicated Musk saved about $150 million in the Twitter purchase by avoiding disclosures.
The ruling directs readers to review the full opinion for details.
The article frames the decision within Trump-related legal and political context.
The piece notes the SEC alleged substantial harm to investors due to disclosure failures.
The article is part of Raw Story's coverage of Trump-related investigations and ethics policy.

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