SEC Sues Elon Musk Over Alleged Securities Violation Linked To Twitter Purchase
The Securities and Exchange Commission sued tech billionaire Elon Musk on Tuesday, accusing him of securities fraud linked to his $44 billion takeover of Twitter, now known as X. The SEC specifically accused Musk of failing to disclose his ownership stake of Twitter in a timely manner before purchasing the social media platform outright in 2022.
The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of ...
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Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his alleged failure to provide ... “The SEC’s multi-year campaign of harassment against Mr. Musk culminated in ...
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