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The SEC Sues Elon Musk Over Twitter Acquisition Process

ABC News on MSN · 1d

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.

The Associated Press on MSN · 1d

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it

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.

TechCrunch · 1d

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 relating to his acquisition of

2d

SEC sues Elon Musk over late disclosure of Twitter share purchases

The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...

1d

SEC picks another fight with Elon Musk as Gary Gensler exits

The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this ...

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