from the the-consequence-free-elite dept There are perks to spending over a quarter of a billion dollars getting your preferred candidate elected. A multi-month free pass to take a sledgehammer to the federal government , for starters. And, apparently, a sweetheart deal when the SEC comes knocking with a lawsuit for which they had you dead to rights. As you’ll recall, when Elon Musk first started buying up Twitter stock, before he officially decided to buy the whole company, he blew past the SEC-mandated deadline to reveal publicly that he had accumulated over 5% of the stock. Indeed, Musk waited until he held nearly 10% of the company’s stock before revealing his position at all. Many shareholders were rightly pissed off about this, because it likely diminished the value of their shares. There’s a reason the law says you need to disclose crossing that 5% line. And, to be clear, this isn’t one of those gray areas of the law. This is a case where Elon pretty clearly violated the law in very obvious ways.…