The US Securities and Exchange Commission alleges the billionaire was able to buy shares at "artificially low prices."
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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.
The US Securities and Exchange Commission alleges the billionaire was able to buy shares at "artificially low prices."
US financial regulator has sued Elon Musk for failing to properly disclose his purchase of Twitter shares, a secrecy that allowed him to buy stock at...
US financial regulator has sued Elon Musk for failing to properly disclose his purchase of Twitter shares, a secrecy that allowed him to buy stock at...
The SEC is suing Elon Musk, alleging he committed securities fraud by failing to disclose he had amassed an active stake in Twitter, a move that...
The U.S. SEC filed a lawsuit against Elon Musk alleging that he failed to properly disclose his ownership of Twitter.
Elon Musk has been sued by federal regulators, who say he violated securities law by failing to properly disclose his purchase of Twitter shares,...
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...
Financial regulator alleges Musk later acquired shares of company at ‘artificially low prices’, stiffing shareholders
Financial regulator alleges Musk later acquired shares of company at ‘artificially low prices’, stiffing shareholders
The U.S. Securities and Exchange Commission filed a lawsuit Tuesday accusing X owner Elon Musk of violating federal securities law by failing to...