SEC Sues Elon Musk Over Twitter Purchase.
The SEC disclosed a new lawsuit against Tesla CEO Elon Musk over late disclosure of Twitter stock purchases in 2022.
Hosted on MSN30m
SEC Files Lawsuit Against Elon Musk Over Twitter Stake, Accuses Billionaire of Underpaying $150 Million for Twitter Shares
The SEC filed a lawsuit against Elon Musk, alleging securities fraud for failing to disclose his stake in Twitter in 2022, which allowed him to purchase shares at artificially low prices. Musk ...