Alvin Hellerstein

Dogecoin investors who said Musk and Tesla committed fraud and insider trading (Gorog et al v. Musk) file in federal court in Manhattan to withdraw heir appeal of the Aug 29 dismissal of their case, as well as withdrawing a bid to sanction Musk’s lawyers for allegedly interfering with the appeal.

Musk and Tesla also withdraw their motion to sanction the investors’ lawyer for allegedly pursuing a “frivolous” case with ever-changing legal theories to “extort a quick handout.” Both motions requires approval by U.S. District Judge Hellerstein.