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SEC, Twitter and Elon Musk

ABC News on MSN · 7h

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 of dollars worth of Twitter stock in 2022.

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

The Washington Post on MSN · 19h

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.

2h

Musk accused by SEC of cheating Twitter investors out of millions

The agency’s complaint accuses the billionaire of failing to promptly report that he had amassed more than 5% of the ...

16hon MSN

Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tack complaint’

Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...

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