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The SEC Sues Elon Musk Over Twitter Acquisition Process

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.

The Washington Post on MSN · 1d

SEC sues Elon Musk over late disclosure of Twitter share purchases

The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.

TechCrunch · 18h

SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time

The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of

14h

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 ...

19h

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 ...

1don MSN

Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tack 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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