SEC sues Elon Musk, says he cheated Twitter investors out of $150 million
The Securities and Exchange Commission sued Elon Musk yesterday over his late disclosure of a Twitter stock purchase in early 2022. Before Musk bought the whole company, he purchased a 9 percent stake in Twitter and failed to disclose it within 10 days as required under US law.
The SEC disclosed a new lawsuit against Tesla CEO Elon Musk over late disclosure of Twitter stock purchases in 2022.
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...
The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by ...
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...
The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then ...
The complaint estimates that Musk saved at least $150m by purchasing Twitter stock at artificially low prices.
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
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