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 Sued for Allegedly Manipulating Twitter Stock Prices
Musk's legal representative Alex Spiro dismissed the SEC's case as a tiny procedural point and called it a 'ticky tack complaint' saying that the agency's why harassment.' Musk ['s] actions are the opposite of overreach, said Spiro, and he had 'done nothing wrong.'
The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known ...
Elon Musk is facing a lawsuit from the SEC for allegedly not properly disclosing his ownership of Twitter, which allowed him ...
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
According to the SEC complaint, had Musk disclosed his ownership of shares in Twitter before his $44 billion deal, stock ...
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