Elon Musk sued for not disclosing Twitter ownership on time: Story in 5 points
The US Securities and Exchange Commission has filed a lawsuit against Elon Musk, accusing him of not adequately disclosing his ownership of X, formerly known as Twitter. Here is the full story in 5 points.
SEC sues Elon Musk for alleged failure to file timely disclosure of Twitter share purchases
Jan. 14 (UPI) -- 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.
SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it
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 early 2022, before buying the social media site. As a result, the SEC alleges, Musk was able to underpay “by at least $150 million”…
SEC sues Elon Musk for allegedly failing to properly disclose his Twitter ownership stake
The US Securities and Exchange Commission alleges the billionaire was able to buy shares at "artificially low prices."
SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
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 early 2022, before buying the social media site. As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after […]
SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
The SEC on Tuesday filed a suit against Elon Musk, alleging the billionaire violated securities law by acquiring Twitter shares at “artificially low prices.”
last updated on 15 Jan 07:53