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SEC, Twitter and Elon Musk

Mashable on MSN · 41m

Elon Musk sued by SEC for late disclosure of Twitter stock purchase

The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, alleging that the billionaire failed to disclose his acquisition of Twitter stocks within the legally required timeframe in 2022. The most surprising aspect of this lawsuit is that it took so long to arrive.

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.

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.

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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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SEC sues Elon Musk over late disclosure of Twitter stake

STORY: Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission. The SEC accused the world's richest ...

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