SEE ALSO: Twitter shareholder Elon Musk is reportedly being investigated by the SEC. Again. However, rather than disclosing his purchase by March 24, Musk allegedly waited 11 days past the ...
The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul ­Atkins, and his enforcement ...
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
Elon Musk is being sued by the U.S. Securities and ... of Musk’s beneficial ownership of more than five percent of Twitter common stock and investment purpose,” the SEC said in a release. The civil ...
The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when ...
The SEC on Tuesday filed a suit against Elon Musk, alleging the billionaire violated securities law by acquiring Twitter shares at "artificially low prices." Musk bought Twitter in 2022 for about ...
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.
On Tuesday, the SEC filed a complaint in the D.C. federal district court alleging that Elon Musk ignored the Section 13(d) beneficial ...
WASHINGTON — Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, the U.S. Securities ...
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...