The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.

According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for ...

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 ...

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 ...

The US Securities and Exchange Commission (SEC) has taken legal action against Elon Musk, accusing him of not being upfront about owning 5% of Twitter stock. They’re also claiming he went on to ...

"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.

Musk and the consortium made the $97.4 billion offer to buy the nonprofit that controls OpenAI, writes the Wall Street ...

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, ...

Elon Musk is being sued by the U.S ... beneficial ownership of more than five percent of Twitter common stock and investment purpose,” the SEC said in a release. The civil complaint added ...