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The SEC Sues Elon Musk Over Twitter Acquisition Process

Mashable on MSN · 2d

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.

US SEC sues Elon Musk over late disclosure of Twitter stake

Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter,

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.

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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 ...

2don 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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