Ann M. Lipton
annmlipton.bsky.social
Ann M. Lipton
@annmlipton.bsky.social
Law prof at U Colorado, business and securities. Blogging at https://www.businesslawprofessors.com/
Scholarship at https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=2365170
No longer welcome in the State of Nevada.
earlier there were the whacked out arguments that the sec couldn't issue subpoenas:
February 4, 2026 at 12:11 AM
no. they were investigating whether there were grounds to bring a more serious fraud charge. then trump won the election, and they went with the undeniable charge
February 3, 2026 at 10:50 PM
this is just the latest in a long line of dilatory tactics.

the sec wants $150 million (if he hadn't dug his heels in, it would have been 5 to 6 figures). Would love to know his final legal bill. (Do lawyers charge extra for arguments that border on Rule 11 territory?)
February 3, 2026 at 10:35 PM
it wasn't in the rule. it was definitely what lawyers told clients, it's possible there was sec guidance somewhere
February 3, 2026 at 9:48 PM
Reposted by Ann M. Lipton
Musk just 'decided' to mark up the value of SpaceX when doing this deal: what's a $200 billion difference in valuation matter anyway
February 3, 2026 at 1:56 PM
it doesn't expose them to substantive regulation - largely just more disclosure. ironically by folding the pieces together, some of the details can be hidden by grouping them
February 3, 2026 at 10:56 AM
gen x here excuse you
February 2, 2026 at 10:41 PM