Defendant Name:
Elon Musk
Defendant Type:
Individual
Document Reference:
court_doc14_18-cv-08865
Document Details
Legal Case Name
SEC v. Elon Musk
Document Name
Final Judgment as to Defendant Elon Musk
Document Date
16-Oct-2018
Document Format
Civil Proceeding
Case Number
18-cv-08865
Federal District Court
New York, Southern District of New York
Federal District Judge
Alison J. Nathan
Allegation Type
Issuer Reporting and Disclosure
Disgorgement & Penalty Information
Resolutions
Enjoinment
Other Compliance Related Undertaking
"resign from his role as Chairman of the Board of Directors of Tesla, Inc. ('Chairman') within forty-five (45) days of the filing of this Consent and agree not to seek reelection or to accept an appointment as Chairman for a period of three years thereafter. Upon request by Defendant, the Commission staff may grant in its sole discretion an extension to the deadline set forth above"
Monetary Penalties:
Civil Penalty
Individual:
$20,000,000.00
Shared:
