Elon Musk’s judge has ‘significant misgivings’ about $1.5 million Twitter settlement—but approves it anyway

A federal judge approved a $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) over alleged stock disclosure violations during Musk's 2022 Twitter takeover. The judge expressed 'serious misgivings' about the settlement, noting its unprecedented nature and the use of Musk's revocable trust to pay the penalty, which the SEC admitted was a first for such cases.