SEE ALSO: Twitter shareholder Elon Musk is reportedly being investigated by the SEC. Again. However, rather than disclosing his purchase by March 24, Musk allegedly waited 11 days past the ...
The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul Atkins, and his enforcement ...
Elon Musk is being sued by the U.S. Securities and ... of Musk’s beneficial ownership of more than five percent of Twitter common stock and investment purpose,” the SEC said in a release. The civil ...
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.
The SEC on Tuesday filed a suit against Elon Musk, alleging the billionaire violated securities law by acquiring Twitter shares at "artificially low prices." Musk bought Twitter in 2022 for about ...
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...
Tesla Inc. Chief Executive Elon Musk ... the SEC sued Musk on Tuesday, alleging that he didn’t comply with requirements to notify the agency about his swelling Twitter stake in 2022 — before ...
The US Securities and Exchange Commission (SEC) has taken legal action against Elon Musk, accusing him of not being upfront about owning 5% of Twitter stock. They’re also claiming he went on to ...
X Hall of Flame: Elon Musk is worth 100K followers ... president on government efficiency matters. The SEC said Musk started purchasing Twitter stock in early 2022 and owned over 5% of Twitter ...
MORE: Elon Musk shares letter saying SEC sent him 'settlement demand' regarding his purchase of Twitter In its lawsuit filed Tuesday, the SEC accused Musk of misleading shareholders as he began to ...