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Twitter, Elon Musk and SEC
Elon Musk is being sued by the SEC over his Twitter takeover. What we know
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in a timely manner, saving himself at least $150 million “at the expense of shareholders.”
SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
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 site.
SEC Obtains Elon Musk Texts In Twitter Lawsuit
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company
4d
on MSN
Why the SEC's lawsuit against Musk is likely to last
The case sets up an early test of how Trump’s pick to chair the agency — Paul Atkins — would navigate potential clashes with ...
4d
on MSN
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 ...
5d
Elon Musk sued by SEC over late disclosure of Twitter stake in parting shot by lame-duck Gary Gensler
The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by ...
3d
on MSN
Musk Facing SEC Claims in Trump Era Means ‘All Bets Are Off’
He’s the world’s richest person, buddies with President-elect Donald Trump and now faces a fresh US regulatory lawsuit that ...
5d
on MSN
Elon Musk’s lawyer rips the SEC’s lawsuit against the X owner — ‘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 ...
4d
SEC Chair Gensler’s Exit Punctuated by Suit Against Musk and a Judicial Rebuff
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...
4d
California agency fights anti-Musk claims in SpaceX launch lawsuit
A California commission has asked a judge to dismiss a lawsuit by Elon Musk’s SpaceX that accused the agency of political ...
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