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SEC, Twitter and Elon Musk

ABC News on MSN · 3h

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

Mashable on MSN · 7h

Elon Musk sued by SEC for late disclosure of Twitter stock purchase

The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, alleging that the billionaire failed to disclose his acquisition of Twitter stocks within the legally required timeframe in 2022. The most surprising aspect of this lawsuit is that it took so long to arrive.

11h

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 ...

SEC Sues Elon Musk Over Late Twitter Stake Disclosure

Musk bought Twitter shares at 'artificially low prices' and saved $150 million because he reported his Twitter stake late, ...

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