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Twitter, Elon Musk and SEC

The Associated Press on MSN · 2d

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.

ABC News on MSN · 2d

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 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

3d

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 ...

3don MSN

Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tack 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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