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SEC, Twitter and Elon Musk

ABC News on MSN · 8h

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 of dollars worth of Twitter stock in 2022.

SEC Obtains Elon Musk Texts In Twitter Lawsuit

Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company

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.

1h

SEC Chair Gensler’s Exit Punctuated by Suit Against Musk and a Judicial Rebuff

New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...

4hon MSN

SEC picks another fight with Elon Musk as Gary Gensler exits

The Securities and Exchange Commission waged another legal battle against Tesla CEO (TSLA) and X owner Elon Musk, this time ...

16hon 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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