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Musk, Twitter and SEC
SEC Sues Musk for 'Underpaying' for Twitter Stock Amid Takeover
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.
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, 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.
4h
on MSN
Tesla Stock Is Shrugging Off SEC Issue While Wall Street Weighs ‘Fundamentals’
That was quite a day.Tesla stock took off as investors weighed everything from a new battle between CEO Elon Musk and the ...
7h
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 ...
1d
on 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.
14h
Elon Musk: Tesla would have gone bankrupt if I had not ...
The SEC has filed a lawsuit against Elon Musk for not properly disclosing his ownership of Twitter, allegedly allowing him to ...
Hosted on MSN
9h
Tesla Stock Jumps Despite Mixed Analyst Views, SEC's Lawsuit Against Musk: Retail Stays Optimistic
Tesla's stock rose 5% Wednesday morning, continuing its strong performance despite concerns from analysts and new regulatory ...
23h
on MSN
Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tak complaint’
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
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