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Twitter, Elon Musk and SEC
SEC sues Elon Musk over late disclosure of Twitter share purchases
The financial regulator ordered Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
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.
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.
6h
on MSN
Tesla Stock Is Shrugging Off SEC Issue While Wall Street Weighs ‘Fundamentals’
Tesla stock was up in premarket trading Wednesday as investors were forced to consider—again—what conflict between CEO Elon ...
Hosted on MSN
5h
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 ...
2h
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 ...
9h
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 ...
19h
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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