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The SEC Sues Elon Musk Over Twitter Acquisition Process
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
SEC sues Elon Musk over late disclosure of Twitter share purchases
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
SEC accuses Musk of cheating Twitter investors out of millions
Elon Musk cheated Twitter shareholders by waiting too long to disclose his growing stake in the company, the U.S. Securities and Exchange Commission claims.
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Why the SEC's lawsuit against Musk is likely to last
The case sets up an early test of how Trump’s pick to chair the agency — Paul Atkins — would navigate potential clashes with ...
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on MSN
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 ...
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