Elon Musk accused the Securities and Exchange Commission (SEC) of launching a purely politically motivated probe into his ...

The Securities and Exchange Commission is continuing its $150 million lawsuit against Elon Musk that was brought during the Biden administration.

Robin Andrews led contentious litigation against Musk that was filed shortly before President Trump took office.

Musk’s disclosure in April 2022 sent Twitter’s share price soaring 27% over the previous close. Because Musk's disclosure came 21 days after his purchase, the SEC has said, he was able to buy ...

On Jan. 14 – six days ahead of Trump's inauguration – the SEC filed the lawsuit against Musk, arguing he underpaid more than $150 million by failing to disclose his stake in Twitter.

ADVERTISEMENT The agency filed suit a week later on Jan. 14, alleging Musk reaped $150 million in unjust enrichment as a result of failing to notify the SEC about his purchase, which kept Twitter ...

According to the SEC, Musk’s delayed disclosure in April 2022—21 days after his purchase—enabled him to acquire more shares at lower prices, saving him $150 million on his Twitter acquisition.

Elon Musk, the world's richest man and a top adviser to U.S. President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission's lawsuit against him, a court ...

The summons relates to the SEC's civil lawsuit filed in January in U.S. District Court in Washington, D.C, which centers on Musk's purchase of Twitter (now renamed X) for $44 billion in 2022.

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