The SEC disclosed a new lawsuit against Tesla CEO Elon Musk over late disclosure of Twitter stock purchases in 2022.
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...
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 ...