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Twitter, Elon Musk and SEC
SEC accuses Musk of cheating Twitter investors out of millions
Elon Musk cheated Twitter shareholders by waiting too long to disclose his growing stake in the company, the U.S. Securities and Exchange Commission claims.
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
Elon Musk is being sued by the SEC over his Twitter takeover. What we know
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in a timely manner, saving himself at least $150 million “at the expense of shareholders.”
SEC sues Elon Musk over failing to disclose Twitter stock stake
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.
US SEC sues Elon Musk over late disclosure of Twitter stake
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter,
SEC sues Elon Musk, says he cheated Twitter investors out of $150 million
Twitter's stock price rose 27 percent once Musk belatedly disclosed his stake, the lawsuit said. "During the period that Musk was required to publicly disclose his beneficial ownership but had failed to do so, he spent more than $500 million purchasing additional shares of Twitter common stock," it said.
SEC sues Musk, alleging Twitter-related securities violation
The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by failing to disclose his ownership of Twitter.
3d
on MSN
SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of ...
2d
SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation ...
3d
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 ...
3d
on MSN
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 ...
3d
on MSN
SEC Sues Elon Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud
The lawsuit accused Musk of misleading shareholders by not reporting his 2022 investment in the social-media company in a ...
3d
SEC sues Elon Musk over late disclosure of Twitter share purchases
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...
4d
on MSN
China Reportedly Considers Elon Musk As Potential TikTok Buyer —Here’s Everything We Know
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
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