SEC sues Elon Musk over delayed Twitter stock disclosure, alleges $150 million underpayment
Wednesday, 15 January 2025 () The SEC has sued Elon Musk, accusing him of failing to disclose his Twitter stock ownership on time before his acquisition of the platform in 2022. The delay allegedly allowed Musk to buy shares at a lower price, underpaying by at least $150 million.
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The SEC sued Elon Musk alleging he violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022. The Cointelegraph
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... SeattlePI.com
The U.S. Securities and Exchange Commission says Musk failed to disclose his ownership of Twitter stock in a timely manner before buying the site and underpaid... NPR
Wednesday, 15 January 2025 ()
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