According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for ...
Billionaire Elon Musk has been sued by the US Securities and Exchange Commission over his Twitter purchase after he allegedly failed it disclose his stocks, allowing him to save 'at least $150 million ...
MORE: Elon Musk shares letter saying SEC sent him 'settlement demand' regarding his purchase of Twitter In its lawsuit filed Tuesday, the SEC accused Musk of misleading shareholders as he began to ...
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter, ...
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
Whether it's investigating the financials of Elon Musk's pro-Trump PAC ... of more than five percent of Twitter common stock and investment purpose,” the SEC said in a release.
The U.S. Securities and Exchange Commission (SEC) this week filed a suit against X, formerly Twitter, owner Elon Musk over Twitter stock purchases he made in 2022. Musk didn’t disclose in a ...
"Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of Twitter's common stock in ...
Elon Musk was sued on Tuesday by the ... price rose more than 27% following that disclosure, the SEC said. Musk eventually purchased Twitter for $44 billion in October 2022, and renamed it X.
As Elon Musk and his Department of Government Efficiency associates barrel through the federal government, former Twitter ...
The Securities and Exchange Commission sued Elon Musk on Tuesday ... That same day, the SEC wrote, Twitter’s stock price increased by more than 27 percent, closing more than $10 higher than ...
The U.S. Securities and Exchange Commission sued billionaire Elon Musk ... an attempt by the SEC to compel Musk to testify as part of an investigation into his purchase of Twitter.