US SEC sues Elon Musk over late disclosure of Twitter stake
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, ...
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
ABC News22d
Elon Musk underpaid Twitter acquisition by $150M by not disclosing stake, SEC alleges
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 ...
Ars Technica22d
SEC sues Elon Musk, says he cheated Twitter investors out of $150 million
"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 ...
SEC files bombshell lawsuit against Elon Musk for Twitter purchase
Billionaire Elon Musk has been sued by the US Securities and Exchange Commission over his Twitter purchase after he allegedly failed it disclose his stocks, allowing him to save 'at least $150 million ...
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 ...
Fox Business22d
SEC sues Elon Musk over failing to disclose Twitter stock stake
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 ...
They lived through Elon Musk’s Twitter takeover. Now, they have advice for federal government employees
As Elon Musk and his Department of Government Efficiency associates barrel through the federal government, former Twitter ...
The Independent21d
Elon Musk is being sued by the SEC over his Twitter takeover. What we know
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.
Newsweek22d
SEC Obtains Elon Musk Texts In Twitter Lawsuit
Elon Musk's texts have been obtained by the Securities and Exchange Commission as part of its lawsuit against him over allegedly failing to disclose his interest in Twitter. The SEC says that the ...
Elon Musk sued by SEC over late 2022 disclosure of Twitter stake
The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.
SEC sues Elon Musk over late disclosure of Twitter share purchases
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.