Jay A. Dubow Quoted in Associated Press Article, 'Legal Experts: Musk Conduct Unlikely to Bring Harsh Penalty'
Jay A. Dubow, a partner with Pepper Hamilton, a member of the firm’s White Collar Litigation and Investigations Practice Group, and a co-chair of the Securities and Financial Services Enforcement Group, was quoted in the February 26, 2019 Associated Press article, "Legal Experts: Musk Conduct Unlikely to Bring Harsh Penalty."
The errant Feb. 19 tweet isn't egregious enough to bring severe punishment, and it's clear the SEC isn't seeking a huge penalty because it didn't seek to void the agreement and prosecute Musk, said Jay Dubow, a partner with Pepper Hamilton LLP and co-chair of the law firm's financial services enforcement group.
"At this point they're only asking for a finding of contempt," he said.