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Twitter, Elon Musk and SEC
Elon Musk underpaid Twitter acquisition by $150M by not disclosing stake, SEC alleges
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in 2022.
SEC sues Elon Musk over not promptly revealing Twitter stock ownership
The Securities and Exchange Commission filed a lawsuit against Elon Musk stemming from procedural matters when he purchased Twitter.
SEC Charges Elon Musk With “Ill-Gotten Gains” From Late Disclosure Of Initial Twitter Investment
The SEC said Elon Musk had enriched himself at the expense of Twitter shareholders by not reporting a 5% stake he amassed in Twitter, now X, in time.
15h
on MSN
SEC accuses Elon Musk of securities violation in new suit
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
1h
SEC files complaint against Elon Musk
The complaint estimates that Musk saved at least $150m by purchasing Twitter stock at artificially low prices.
11h
on MSN
Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tak complaint’
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
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