Hedge-fund manager Two Sigma agreed to pay a $90 million fine to settle a Securities and Exchange Commission investigation into a trading scandal at the firm. The SEC announced the resolution on ...
This allegation by the SEC also says that this activity of Musk, who later on became the CEO of Twitter and replaced its brand name, caused investors significant economic harm when these stocks were ...
Former Lady Vol Nikki Fargas will serve as an analyst for the matchup between No. 15 Tennessee (14-2, 2-2 SEC) and Mississippi State (15-3, 2-2) at Food City Center on Thursday (7 p.m. ET ...
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk's close ties to the incoming president Tesla Inc. Chief Executive Elon Musk is in ...
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, accusing the billionaire of failing to properly disclose his acquisition of Twitter stock in a timely ...
In a complaint filed in Washington, DC federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against tech billionaire Elon Musk on Tuesday, accusing him of waiting too long to disclose in 2022 that he had amassed a large stake ...
As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares.
The SEC alleged that Musk violated federal securities laws when he amassed more than $500 million in shares of Twitter -- later renamed X -- without properly disclosing his stake in the company ...
In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022, and owned ...