SEC Sues Musk for 'Underpaying' for Twitter Stock Amid Takeover
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.
That was quite a day.Tesla stock took off as investors weighed everything from a new battle between CEO Elon Musk and the ...
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...
Elon Musk cheated Twitter shareholders out of more than US$150mil by waiting too long to disclose his growing stake in the ...
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
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