SEC sues Elon Musk, says he cheated Twitter investors out of $150 million
Twitter's stock price rose 27 percent once Musk belatedly disclosed his stake, the lawsuit said. "During the period that Musk was required to publicly disclose his beneficial ownership but had failed to do so, he spent more than $500 million purchasing additional shares of Twitter common stock," it said.
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 ...
10don MSN
The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul Atkins, and his enforcement ...
The SEC accuses Elon Musk of delaying Twitter stock disclosure and buying shares at "artificially low prices," impacting ...
The Wall Street Journal on MSN13d
SEC Sues Elon Musk Over Twitter Stock Buys, Escalating Long-Simmering FeudThe Securities and Exchange Commission on Tuesday sued Elon Musk over allegations he misled shareholders about his ...
Elon Musk is the most politically powerful executive ... the agency’s leadership is likely to pursue the lawsuit, several former SEC officials said. Despite Musk’s tight relationship with ...
Cryptopolitan on MSN6d
Bitwise files for a Dogecoin (DOGE) ETF with US SECCrypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U ...
Elon Musk, picked by President Donald Trump to lead the new Department of Government Efficiency, proposed using blockchain technology as part of ...
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