SEC sues Elon Musk, says he cheated Twitter investors out of $150 million
Twitter's stock price rose 27 percent once Musk belatedly disclosed his stake, the lawsuit said. "During the period that Musk was required to publicly disclose his beneficial ownership but had failed to do so, he spent more than $500 million purchasing additional shares of Twitter common stock," it said.
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...
The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of ...
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, alleging that the billionaire failed to disclose his ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter ...
The lawsuit accused Musk of misleading shareholders by not reporting his 2022 investment in the social-media company in a ...
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Elon Musk shared a nine-year-old photo of himself on social media platform X, formerly Twitter, which attracted funny ...
Multiple celebrities have criticized Musk for his political involvement as well as the changes he's made to X since ...
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