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The SEC Sues Elon Musk Over Twitter Acquisition Process
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 and Exchange Commission claims.
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 manner in 2022.
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.
2h
on MSN
Why the SEC's lawsuit against Musk is likely to last
The case sets up an early test of how Trump’s pick to chair the agency — Paul Atkins — would navigate potential clashes with ...
5h
SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation ...
5h
SEC Chair Gensler’s Exit Punctuated by Suit Against Musk and a Judicial Rebuff
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...
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