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Elon Musk's lawyer said his client had been offered a settlement to resolve an SEC investigation over allegations he failed to properly disclose the sizable stake he was building in Twitter back ...
On October 24, 2019, the transcripts of video depositions of Elon Musk and other SolarCity board members became widely available. [95] The trial was held in July 2021. [96] On October 22, 2021, the lawsuit was limited to a derivative lawsuit and the direct claims against Musk were dismissed. [97]
Elon Musk was sued by the U.S. securities regulator related to his takeover of Twitter, the latest court battle against the billionaire whose empire spans electric carmaker Tesla, space startup ...
The SEC also sued Musk in 2018 over his Twitter posts about taking Tesla private. He settled that lawsuit by paying a $20 million fine, agreeing to let Tesla lawyers review some posts in advance ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Elon Musk has shown he can dish out lawsuits as well as he fights them. Musk and his companies have filed at least 23 lawsuits in federal courts alone since July of 2023, a Fortune analysis of ...
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The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...