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.
SEC sues Elon Musk for allegedly failing to properly disclose his Twitter ownership stake
The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then ...
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 ...
Alaska Dispatch News16d
SEC sues Musk, saying he didn’t disclose purchase of Twitter shares on time before buying site
FILE - Elon Musk speaks as part of a campaign town hall in support of Republican presidential nominee former President Donald Trump in Folsom, Pa., Thursday, Oct. 17, 2024. (AP Photo/Matt Rourke ...
ReadWrite16d
SEC sues Elon Musk over Twitter stock, alleging shareholder disadvantage
She was shortlisted for the Guardian… SEC sues Musk for delaying disclosure of 5% Twitter stake, saving $150M in stock buys. Musk calls lawsuit a “sham,” accuses SEC of ignoring real crimes ...
KETV Omaha16d
SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it
As a result, the SEC alleges, Musk was able to underpay "by at least $150 million" for shares he bought after he should have disclosed his ownership of more than 5% of Twitter's shares.