The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media ...
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges ...
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for ...
The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then ...
The Securities and Exchange Commission filed a lawsuit against Elon Musk stemming from procedural matters when he purchased Twitter.
Trump has tapped Paul Atkins, a former SEC commissioner and critic of onerous penalties, to helm the agency. The regulator has been probing Musk’s investment in Twitter since 2022, pressing him ...
Musk, who bought Twitter in October 2022 and renamed it X, had started amassing shares earlier that year. His ownership ...
Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...
As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares.