Judge Questions Musk's SEC Settlement Deal

A federal judge has expressed significant reservations about approving a $1.5 million settlement between Elon Musk and the Securities and Exchange Commission. The proposed deal aims to resolve a lawsuit alleging Musk failed to timely disclose his substantial stake in Twitter back in 2022. The judge cited "red flags" and indicated a reluctance to simply "rubber stamp" the agreement, suggesting a need for further scrutiny before it can be finalized. This judicial skepticism could potentially complicate the resolution of the SEC's case against the high-profile billionaire.