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Musk Urges Court to Reject SEC's Testimony in Twitter Probe
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Elon Musk's lawyers are urging a federal court to block the SEC's efforts to force him to testify in the investigation into his acquisition of Twitter. Musk's attorneys argue that the SEC's demands are duplicative and harassing, and that the investigation was prompted by allegedly days-late filings. They claim that the SEC has overstepped its authority and violated the Constitution.
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How has the SEC's investigation into Musk's acquisition of Twitter affected the stock price of Twitter?
What are the potential consequences if the court rules in favor of the SEC?
What evidence does the SEC have to support their claims against Musk?
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