The US Securities and Exchange Commission sues Elon Musk saying he failed to disclose Twitter ownership in a timely manner. View on euronews

The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.

Musk's legal representative Alex Spiro dismissed the SEC's case as a tiny procedural point and called it a 'ticky tack complaint' saying that the agency's why harassment.' Musk ['s] actions are the opposite of overreach, said Spiro, and he had 'done nothing wrong.'

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.

The Securities and Exchange Commission (SEC) has filed a lawsuit against Tesla CEO Elon Musk, alleging that he made false and misleading statements about Tesla's production capabilities. The lawsuit,

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.

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,

The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known as Twitter), on January 14 in a federal court in Washington, D.

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against tech billionaire ... through businesses such as the electric car maker Tesla and rocket company SpaceX. He is worth nearly twice as much as Amazon.com founder Jeff Bezos, the ...

The SEC complaint alleges Musk “failed to timely file a beneficial ownership report” disclosing his purchase of Twitter shares before announcing ownership

Musk was supposed to publicly disclose his acquired stocks when they crossed 5% but failed to do so The Tesla CEO ... a civil penalty The U.S. Securities and Exchange Commission (SEC) on Tuesday ...

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