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Twitter, Elon Musk and SEC
Elon Musk underpaid Twitter acquisition by $150M by not disclosing stake, SEC alleges
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in 2022.
SEC Obtains Elon Musk Texts In Twitter Lawsuit
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company
SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it
The SEC alleges Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares.
29m
SEC files complaint against Elon Musk
The complaint estimates that Musk saved at least $150m by purchasing Twitter stock at artificially low prices.
9h
on MSN
Elon Musk’s lawyer rips the SEC’s lawsuit against the X owner — ‘a single-count ticky tak complaint’
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
1d
on MSN
Elon Musk Accused of Faking Video Game Skill: 'Obviously Cheating'
Elon Musk came under fire from influencers for allegedly faking his skill after streaming the game "Path of Exile 2." ...
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