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The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022. ... Updated January 15, 2025 at 12:48 PM.
In October 2023, the U.S. Securities and Exchange Commission (SEC) sued Musk over his refusal to testify a third time in an investigation into whether he violated federal law by purchasing Twitter stock in 2022. [51] [52] [53] Musk claimed the SEC was harassing him. [51] [53] In February 2024, Judge Laurel Beeler ruled that Musk must testify ...
(Reuters) -Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large ...
"As the SEC retreats and leaves office — the SEC's multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tak complaint against Mr. Musk under ...
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 ...
That weekend, Musk chatted with an unnamed Twitter board member and informed the director he owned at least 7% of the stock, the SEC alleged. The board member suggested that Musk join the Twitter ...
The U.S. Securities and Exchange Commission sued Elon Musk on Tuesday, alleging failure to timely disclose that he bought more than 5% of Twitter's stock in 2022 before he took over the social ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover.. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in ...