The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then ...
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...
The case sets up an early test of how Trump’s pick to chair the agency — Paul Atkins — would navigate potential clashes with the incoming president's allies.
The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges ...
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for ...
The SEC accuses Elon Musk of delaying Twitter stock disclosure and buying shares at "artificially low prices," impacting shareholders.
SEE ALSO: Twitter shareholder Elon Musk is reportedly being investigated by the SEC. Again. However, rather than disclosing his purchase by March 24, Musk allegedly waited 11 days past the ...
“Investors who sold Twitter common stock during this period did so at artificially low prices and thus suffered substantial economic harm.” Alex Spiro, a lawyer for Musk, said the action is “an ...
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism than enforcement, but ensures his term won't end with a court's dressing-down ...
The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when ...