- According to an October 6 court filing, federal authorities are investigating the Tesla CEO for his behavior pertaining to his bid to buy Twitter
- The popular online platform is seeking access to documents Musk has apparently turned over to authorities
- Since earlier this year, the SEC has been probing Musk’s initial disclosure of his major stake in Twitter
Elon Musk is being investigated by United States federal authorities in relation to his bid to acquire Twitter.
Lawyers working for the online platform claimed in a court filing unsealed in Delaware on Thursday that Musk is currently under investigation by federal authorities for his conduct as it pertains to his buyout of the popular social media company.
‘Elon Musk is presently under investigation by federal authorities for his conduct in connection with the acquisition of Twitter, wrote attorneys for Potter Anderson Corroon LLP in a filing dated October 6.
The social media company had requested access to documents that Musk has handed over to authorities.
‘Through counsel, he (Musk) has exchanged substantive correspondence with those authorities concerning their investigations,’ wrote the attorneys.
‘Twitter wants those documents, because they bear upon key issues in this litigation.’
Earlier in 2022, the US Securities and Exchange Commission sent an inquiry to Musk about the initial disclosure of his major stake in Twitter. The letter was sent in April and the SEC released it in May.