NEW YORK, Aug 24 (Reuters) – Investors who lost money
when Elon Musk tweeted about taking his electric car company
Tesla private may soon collect from a $42.3 million
fund set up when Musk settled federal securities fraud charges.
In a Wednesday night court filing, the U.S. Securities and
Exchange Commission said 3,350 eligible claimants will share in
a $41.53 million payout, recouping 51.7% of their losses. Other
sums will be held back for fees, taxes and expenses.
The “fair fund”…
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