The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...
Twitter's stock price rose 27 percent once Musk belatedly disclosed his stake, the lawsuit said. "During the period that Musk ...
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges ...
She was shortlisted for the Guardian… SEC sues Musk for delaying disclosure of 5% Twitter stake, saving $150M in stock buys. Musk calls lawsuit a “sham,” accuses SEC of ignoring real crimes ...
The SEC alleges Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ...
The SEC claims that Musk made his stake in Twitter public 11 days after that deadline. “Because Musk failed to timely disclose his beneficial ownership, he was able to make these purchases from ...
The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by failing to disclose his ownership of Twitter. According to the SEC ...
Trump has tapped Paul Atkins, a former SEC commissioner and critic of onerous penalties, to helm the agency. The regulator has been probing Musk’s investment in Twitter since 2022, pressing him ...
Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...