SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for ...
SEC Sues Elon Musk Over Late Twitter Stake Disclosure
Musk bought Twitter shares at 'artificially low prices' and saved $150 million because he reported his Twitter stake late, the SEC alleges.
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SEC sues Elon Musk over Twitter stock, alleging shareholder disadvantage
She was shortlisted for the Guardian… SEC sues Musk for delaying disclosure of 5% Twitter stake, saving $150M in stock buys. Musk calls lawsuit a “sham,” accuses SEC of ignoring real crimes ...
Alaska Dispatch News15d
SEC sues Musk, saying he didn’t disclose purchase of Twitter shares on time before buying site
FILE - Elon Musk speaks as part of a campaign town hall in support of Republican presidential nominee former President Donald Trump in Folsom, Pa., Thursday, Oct. 17, 2024. (AP Photo/Matt Rourke ...
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SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it
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.