The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.

Whether it's investigating the financials of Elon Musk's pro-Trump PAC ... of more than five percent of Twitter common stock and investment purpose,” the SEC said in a release.

MORE: Elon Musk shares letter saying SEC sent him 'settlement demand' regarding his purchase of Twitter In its lawsuit filed Tuesday, the SEC accused Musk of misleading shareholders as he began to ...

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.

The U.S. Securities and Exchange Commission (SEC) this week filed a suit against X, formerly Twitter, owner Elon Musk over Twitter stock purchases he made in 2022. Musk didn’t disclose in a ...

Elon Musk was sued on Tuesday by the ... price rose more than 27% following that disclosure, the SEC said. Musk eventually purchased Twitter for $44 billion in October 2022, and renamed it X.

President Donald Trump is preparing to sign an executive order directing federal agencies to work with Elon Musk’s Department ...

Sean O'Driscoll is a Newsweek Senior Crime and Courts Reporter based in Ireland. His focus is reporting on U.S. law. He has covered human rights and extremism extensively. Sean joined Newsweek in ...

Elon Musk is only one week into his role in President Donald Trump’s new administration, but the US federal government is ...

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 stake in Twitter, ...

The U.S. Securities and Exchange Commission sued billionaire Elon Musk ... an attempt by the SEC to compel Musk to testify as part of an investigation into his purchase of Twitter.