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Cake day: July 5th, 2023

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  • Experts believe the SEC faces significant challenges if it proceeds with fraud charges. “Courts typically prefer fraud cases that involve clear false statements,” said Fagel. “Transforming a regulatory violation into fraud, especially one involving delayed disclosure, can be an uphill battle.”

    James Park, a securities law expert at UCLA, added, “Regulators could potentially frame this as a case of market deception, which complicates matters compared to straightforward falsehoods. It’s a nuanced issue but significant enough to warrant serious consideration.”

    The biggest thing in their favor is a firefighters pension that sold at a lower than expected price if he had made the disclosure. They’re not wrong, but it’s a lie of omission type thing. We’ll see if it flies over the next 5 years of appeals and shenanigans. Meanwhile he wrote himself a check on Tesla stockholders dime to cover the Twitter fuck up. I’m betting he fucks them over as Tesla spirals into a crater.















  • They’re trying to provoke the judge so they can have room for appeal or at least fodder for his mentally stunted base. “This judge was so mean to me, I couldn’t get a fair trial.” Especially if they can make the judge snap at them, then that’s what it’s about: an unhinged, emotional, hothead judge abusing their power.

    Luckily I think most of the judges smelled him coming and are just giving him all the rope he wants. That’s my hope at least. Then if they do jail him for contempt they’ve got stacks of evidence and second chances. I may be giving them too much credit.