Twitter's stock price rose 27 percent once Musk belatedly disclosed his stake, the lawsuit said. "During the period that Musk ...
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
The SEC alleges Musk failed to disclose his ownership of Twitter stock before buying the social media site in 2022.
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges ...
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in ...
The SEC accuses Elon Musk of delaying Twitter stock disclosure and buying shares at "artificially low prices," impacting ...
“Investors who sold Twitter common stock during this period did so at artificially low prices and thus suffered substantial ...
In an 11-page complaint, the SEC alleged that billionaire Musk failed to properly disclose that he had acquired a major stake in Twitter in 2022. The SEC said that by doing so, he was able to ...
One of those involved his social media musings about taking Tesla private. Another was an attempt by the SEC to compel Musk to testify as part of an investigation into his purchase of Twitter.
The SEC accuses Elon Musk of delaying his Twitter stake disclosure, alleging unfair profits and raising market transparency ...
Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...