Tesla, Theranos, Yahoo!: SEC's San Francisco Office Keeps Busy
- Regulator said to be looking into Tesla before Musk’s tweet
- Office oversees area from Pacific Northwest to Silicon Valley
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The U.S. Securities and Exchange Commission’s San Francisco office is no stranger to high-profile tech cases -- with the firestorm swirling around Tesla Inc. just the latest to involve the regional unit.
The office, whose attorneys are said to have made inquiries about the electric-carmaker’s public statements, is at the epicenter of efforts by Wall Street’s main regulator to police Silicon Valley. It’s been engaged in some of the SEC’s most high-profile cases this year including fraud charges against blood testing startup Theranos Inc. and a massive data breach at Yahoo! Inc. (now known as Altaba Inc.).