“In SEC vs. Elon Musk, a Question of When Tweets Matter,” The Wall Street Journal, April 18, 2019. Dispute over meaning of settlement agreement with SEC.
What does “reasonably could contain” material information mean? Mr. Musk tweeted allegedly misleading tweets, and entered into a settlement with the SEC.
Lawyers apparently agreed to this language. Does a dispute over meaning implicate Information Governance, and Compliance? Mr. Musk has continuing legal exposure for future tweets.
Confusion in language is not a good thing. Precision is. Who governs the words you use in legal agreements?