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Twitter, Elon Musk
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 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 purchase of the social network.
SEC sues Elon Musk over not promptly revealing Twitter stock ownership
The Securities and Exchange Commission filed a lawsuit against Elon Musk stemming from procedural matters when he purchased Twitter.
1h
on MSN
Tesla Stock Is Shrugging Off SEC Issue While Wall Street Weighs ‘Fundamentals’
Tesla stock was up in premarket trading Wednesday as investors were forced to consider—again—what conflict between CEO Elon ...
13h
on MSN
SEC accuses Elon Musk of securities violation in new suit
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
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