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SEC, Twitter and Elon Musk
SEC Sues Elon Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud
The Securities and Exchange Commission on Tuesday sued Elon Musk over allegations he misled shareholders about his Twitter stock purchases, escalating the agency’s long-simmering feud with the billionaire.
SEC Accuses Elon Musk Of Buying Up Twitter Stock At Deflated Price
The Securities and Exchange Commission has filed a lawsuit against Elon Musk alleging that in the lead-up to his acquisition of Twitter in 2022, he illegally failed to disclose he’d amassed a large portion of stock in the company ― allowing him to buy more shares of the platform at “artificially low prices.”
SEC sues Elon Musk for alleged failure to file timely disclosure of Twitter share purchases
The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known as X.
Elon Musk is being sued by the feds over the way he bought Twitter
The SEC claims Musk cost investors at least $150 million due to the late disclosure and that he harmed any investors who sold stock between March 25th, 2022, and April 1st, 2022.
SEC Accuses Elon Musk of Failing to Disclose Twitter Stock Purchases in 2022
The SEC sued Elon Musk on Tuesday, accusing the X owner of failing to properly disclose his purchases of Twitter stock in 2022.
US markets watchdog sues Musk over Twitter stake disclosure
Twitter's share price rose by more than 27% after Musk made his share purchase public on 4 April 2022, the SEC said. Musk ended up buying Twitter for $44bn in October 2022 and has since changed the platform's name to X. The complaint was submitted by the SEC to a federal court in Washington DC on Tuesday.
Elon Musk sued by SEC for alleged delay in disclosing purchase of Twitter shares in 2022
The US Securities and Exchange Commission is suing Elon Musk, the owner of social media site X, alleging the world's richest man held off declaring his substantial purchase of Twitter shares in 2022.
US market watchdog sues Musk for hiding stakes in Twitter, buying it at 'artificial lower price'
The US’s Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter,
SEC: Elon Musk misled Twitter investors during 2022 stock buy
According to the Securities and Exchange Commission, Musk’s failure to timely file a beneficial ownership report allowed him to acquire over 9% of Twitter’s common stock at artificially low prices and ultimately acquire control of the social media giant.
SEC sues Elon Musk for allegedly failing to properly disclose his Twitter ownership stake
The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at “artificially low prices.
US sues Musk for failing to disclose Twitter stock holdings to buy platform at ‘artificially low prices’
Elon Musk is being sued for failing to disclose his purchase of Twitter stocks before buying the company in 2022, which ‘allowed him to underpay’ by at least $150m (£123m).
12h
on MSN
Here’s How Much Elon Musk Could Buy TikTok For—As China Reportedly Eyes Deal
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s ...
21h
on MSN
After Twitter, will Elon Musk buy TikTok? US ban threat could lead to a new owner of social media company
Elon Musk is reportedly considering acquiring TikTok's US operations amid potential bans. This move highlights the ongoing US ...
6h
Elon Musk in talks to buy TikTok in the US as video streaming app faces ban on national security grounds
Beijing is discussing a scenario where Musk's (pictured) social media firm X would buy TikTok's US arm from Chinese owner ...
Hosted on MSN
5d
Did Elon Musk buy the Cowboys? Fact-checking the fake Jerry Jones sale for '$12 billion'
There's a viral story making the rounds that Elon Musk has bought the Cowboys from Jerry Jones for $12 billion, but is it ...
Rolling Out
6d
Elon Musk’s father spills son’s Premier League plan
Elon Musk expresses interest in acquiring Premier League leaders but remains cautious about revealing too much due to ...
6d
on MSN
Elon Musk Trolls Justin Trudeau Over Trump’s Bluster Over Annexing Canada
Elon Musk has told Justin Trudeau he “doesn’t matter” after the outgoing Canadian prime minister dismissed Donald Trump ’s ...
4d
How Elon Musk’s xAI is quietly taking over X
Musk has been using this distribution channel since xAI launched its first version of the Grok large language model, adding ...
5d
on MSN
Elon Musk Livestreams Chat With German Far-Right Leader
The U.S. tech billionaire said on Thursday's X livestream that he was "strongly recommending that people vote for AfD." ...
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