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Twitter, Elon Musk and SEC
US SEC sues Elon Musk over late disclosure of Twitter stake
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter,
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
SEC sues Elon Musk for alleged failure to file timely disclosure of Twitter share purchases
The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known as X.
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 sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
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 site.
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.
US markets watchdog sues Musk over Twitter stake disclosure
Musk ended up buying Twitter for $44bn in October 2022 and has since changed the platform's name to X. The complaint was submitted by the SEC to a federal court in Washington DC on Tuesday. The lawsuit also asked the court to order Musk to give up "unjust" profits and pay a fine.
SEC Accuses Elon Musk of Failing to Disclose Twitter Stock Purchases in 2022
The SEC sued Elon Musk on Tuesday, accusing the X owner of failing to properly disclose his purchases of Twitter stock in 2022.
SEC sues Elon Musk over Twitter purchase disclosures
"Musk underpaid Twitter investors by more than $150 million for his purchases of Twitter common stock during this period," the SEC said.
SEC Sues Elon Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud
The lawsuit accused Musk of misleading shareholders by not reporting his 2022 investment in the social-media company in a timely manner.
SEC sues Elon Musk for allegedly failing to properly disclose his Twitter ownership stake
The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at “artificially low prices.
8h
on MSN
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 ...
2h
on MSN
Warner Bros. Discovery Adds Former Top Twitter Executive And CEO Of IAC To Expanded Board
Warner Bros. Discovery named former top Twitter executive Anthony Noto to its board of directors, along with Joey Levin, CEO ...
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