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Twitter, Elon Musk and SEC
SEC Sues Elon Musk Over Twitter Purchase.
The SEC disclosed a new lawsuit against Tesla CEO Elon Musk over late disclosure of Twitter stock purchases in 2022.
SEC Sues Musk for 'Underpaying' for Twitter Stock Amid Takeover
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.
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.
11h
SEC accuses Musk of cheating Twitter investors out of millions
Elon Musk cheated Twitter shareholders by waiting too long to disclose his growing stake in the company, the U.S. Securities ...
8h
Elon Musk: Tesla would have gone bankrupt if I had not ...
The SEC has filed a lawsuit against Elon Musk for not properly disclosing his ownership of Twitter, allegedly allowing him to ...
1d
on 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 $150 million in the process, according to regulators.
ExtremeTech on MSN
17h
Musk Says Unsupervised Full Self-Driving Is Almost Here, but the Data Says Otherwise
Musk shared some data on X that appears to bolster his case at first glance, but it actually shows the opposite.
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