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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.

Mashable on MSN · 1d

Elon Musk sued by SEC for late disclosure of Twitter stock purchase

The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, alleging that the billionaire failed to disclose his acquisition of Twitter stocks within the legally required timeframe in 2022. The most surprising aspect of this lawsuit is that it took so long to arrive.

2don MSN

SEC accuses Elon Musk of securities violation in new suit

The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.

1don MSN

SEC picks another fight with Elon Musk as Gary Gensler exits

The Securities and Exchange Commission waged another legal battle against Tesla CEO (TSLA) and X owner Elon Musk, this time ...

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