The SEC disclosed a new lawsuit against Tesla CEO Elon Musk over late disclosure of Twitter stock purchases in 2022.
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of ...
Twitter's stock price rose 27 percent once Musk belatedly disclosed his stake, the lawsuit said. "During the period that Musk ...
The lawsuit accused Musk of misleading shareholders by not reporting his 2022 investment in the social-media company in a ...
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
Musk, who bought Twitter in October 2022 and renamed it X, had started amassing shares earlier that year. His ownership ...
Musk bought Twitter shares at 'artificially low prices' and saved $150 million because he reported his Twitter stake late, ...
The complaint estimates that Musk saved at least $150m by purchasing Twitter stock at artificially low prices.
The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by ...