Musk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something," according to a Monday night filing in the Washington, D.C., federal court.

June 1 : The U.S. Securities and Exchange Commission defended its settlement with Elon Musk over his purchase of Twitter shares, saying it reflected "compromises" and was not…

The SEC has defended its proposed settlement with Elon Musk over Twitter share disclosures after a judge questioned the deal's fairness.