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Elon Musk, SEC and Twitter
SEC sues Elon Musk over late disclosure of Twitter share purchases
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
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 SEC Is Suing Elon Musk. It’s All in the Timing
Less than a week before Donald Trump takes office, the SEC has filed a complaint against his most prominent benefactor.
2d
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 ...
2d
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 ...
2d
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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