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Musk, Twitter and SEC
SEC Sues Musk for 'Underpaying' for Twitter Stock Amid Takeover
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.
SEC sues Elon Musk over late disclosure of Twitter share purchases
The financial regulator ordered Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.
9h
on MSN
Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tak complaint’
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
1h
on MSN
Tesla Stock Is Shrugging Off SEC Issue While Wall Street Weighs ‘Fundamentals’
Tesla stock was up in premarket trading Wednesday as investors were forced to consider—again—what conflict between CEO Elon ...
13h
on MSN
SEC accuses Elon Musk of securities violation in new suit
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
11h
on MSN
SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties ...
1h
Elon Musk: Tesla would have gone bankrupt if I had not ...
The SEC has filed a lawsuit against Elon Musk for not properly disclosing his ownership of Twitter, allegedly allowing him to ...
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