The SEC sued Elon Musk, claiming he deliberately waited too long to disclose his purchase of more than 5% of Twitter shares in 2022.
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The SEC complaint alleges Musk “failed to timely file a beneficial ownership report” disclosing his purchase of Twitter ...
The SEC claims Musk cost investors at least $150 million due to the late disclosure and that he harmed any investors who sold ...
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...
The SEC said Elon Musk had enriched himself at the expense of Twitter shareholders by not reporting a 5% stake he amassed in ...
The Securities and Exchange Commission filed a lawsuit Tuesday against Elon Musk, accusing the owner of X of failing to ...
The agency’s complaint, which was immediately disputed by a lawyer for Musk, accuses the billionaire of failing to promptly ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter ...
The lawsuit accused Musk of misleading shareholders by not reporting his 2022 investment in the social-media company in a ...
The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by ...
The financial regulator ordered Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...