The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.

The U.S. Securities and Exchange Commission says Musk failed to disclose his ownership of Twitter stock in a timely manner before buying the site and underpaid by $150 million for shares he bought.

Musk's 2022 Twitter stock buys SEC sues Elon Musk, says he cheated Twitter investors out of $150 million SEC: Late disclosure helped Musk buy Twitter shares at $150 million discount.

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.

Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in ...

The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by failing to disclose his ownership of Twitter. According to the SEC ...

The U.S. Securities and Exchange Commission sued billionaire Elon Musk on Tuesday, saying he missed a 2022 deadline to disclose his large stock position in Twitter and was able to underpay for ...

The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.

Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.

The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...

The SEC launched an investigation into Musk in April 2022 over his initial purchase of Twitter stock and his various SEC filings related to the social media company. Before acquiring Twitter, now ...