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Yes. SEC litigation releases, press releases, report major updates to cases including the resolution. Here is a Google search for "prohibited acting officer", t

Yes. SEC litigation releases, press releases, report major updates to cases including the resolution. Here is a Google search for "prohibited acting officer", the key legal phrase/keywords, on the relevant section of the SEC website. https://www.google.com/search?q=prohibited+acting+officer+site%3Awww.sec.gov%2Flitigation%2Flitreleases https://www.google.com/search?q=prohibited+acting+officer+si...

slg 8y ago
I was asking what the punishment is for similar crimes and that isn't the same as asking for what crimes have caused a similar punishment. I looked through the first few results on that page and they all seemed, in my opinion, to be more severe crimes than what Musk is accused of doing.
- rpedela 8y ago
  Add "misleading" to the search and the first few results seem similar to what Elon did. Making public, false, and misleading statements to investors is something the SEC gets pretty upset about. https://www.google.com/search?q=misleading+prohibited+acting+officer+site%3Awww.sec.gov%2Flitigation%2Flitreleases https://www.google.com/search?q=misleading+prohibited+acting...
  - slg 8y ago
    From the first result [1]: >In its August 28, 2012 Complaint, the Commission alleged that, between 2005 and 2008, Wwebnet, Inc., a video software company, and Kelly made false and misleading statements and omissions to investors, including... The accusations there are repeated and occurred over the course of several years. Musk has been accused of a single case of wrong doing. Musk's seems to be a much lesser crime. Also by still including the punishment in that search you are missing any similar accusations that received lesser or more severe punishments. [1] - https://www.sec.gov/litigation/litreleases/2015/lr23177.htm https://www.sec.gov/litigation/litreleases/2015/lr23177.htm
    - rpedela 8y ago
      The answer to your original question is "yes". The SEC does not like when CEOs make misleading statements even once. All I did is point you in the right direction. I am not going to go through 100s of cases to find something that is exactly like the Elon Musk case for you. You are welcome to change the Google search yourself.
      - slg 8y ago
        You are obviously under no obligation to do research to answer my question. I wasn't expecting anyone to spend time reviewing hundreds of cases to answer my question. I frankly don't care enough about the answer to review hundreds of cases myself. I simply proposed a question towards anyone who is more familiar with SEC punishments than I am. However, if you are going to answer my question I think it is fair for me to debate the validity of that answer.

slg 8y ago

I was asking what the punishment is for similar crimes and that isn't the same as asking for what crimes have caused a similar punishment. I looked through the first few results on that page and they all seemed, in my opinion, to be more severe crimes than what Musk is accused of doing.

rpedela 8y ago
Add "misleading" to the search and the first few results seem similar to what Elon did. Making public, false, and misleading statements to investors is something the SEC gets pretty upset about. https://www.google.com/search?q=misleading+prohibited+acting+officer+site%3Awww.sec.gov%2Flitigation%2Flitreleases https://www.google.com/search?q=misleading+prohibited+acting...
- slg 8y ago
  From the first result [1]: >In its August 28, 2012 Complaint, the Commission alleged that, between 2005 and 2008, Wwebnet, Inc., a video software company, and Kelly made false and misleading statements and omissions to investors, including... The accusations there are repeated and occurred over the course of several years. Musk has been accused of a single case of wrong doing. Musk's seems to be a much lesser crime. Also by still including the punishment in that search you are missing any similar accusations that received lesser or more severe punishments. [1] - https://www.sec.gov/litigation/litreleases/2015/lr23177.htm https://www.sec.gov/litigation/litreleases/2015/lr23177.htm
  - rpedela 8y ago
    The answer to your original question is "yes". The SEC does not like when CEOs make misleading statements even once. All I did is point you in the right direction. I am not going to go through 100s of cases to find something that is exactly like the Elon Musk case for you. You are welcome to change the Google search yourself.
    - slg 8y ago
      You are obviously under no obligation to do research to answer my question. I wasn't expecting anyone to spend time reviewing hundreds of cases to answer my question. I frankly don't care enough about the answer to review hundreds of cases myself. I simply proposed a question towards anyone who is more familiar with SEC punishments than I am. However, if you are going to answer my question I think it is fair for me to debate the validity of that answer.