SEC sues Elon Musk for allegedly failing to properly disclose his Twitter ownership stake
The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at “artificially low prices.
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...
The Securities and Exchange Commission waged another legal battle against Tesla CEO (TSLA) and X owner Elon Musk, this time ...
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...
Perkins Coie’s Lowell Ness previews crypto oversight during the next presidential term, considering how the new ...
The complaint estimates that Musk saved at least $150m by purchasing Twitter stock at artificially low prices.
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
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