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Elon Musk is being sued by feds over way he bought Twitter

PC Magazine · 57m

SEC Sues Elon Musk Over Late Twitter Stake Disclosure

Musk bought Twitter shares at 'artificially low prices' and saved $150 million because he reported his Twitter stake late, the SEC alleges.

Hosted on MSN · 1h

SEC Sues Elon Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud

The lawsuit accused Musk of misleading shareholders by not reporting his 2022 investment in the social-media company in a timely manner.

The Verge · 6h

Elon Musk is being sued by the feds over the way he bought Twitter

The SEC claims Musk cost investors at least $150 million due to the late disclosure and that he harmed any investors who sold stock between March 25th, 2022, and April 1st, 2022.

11hon MSN

SEC sues Elon Musk over late disclosure of Twitter share purchases

The financial regulator ordered Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...

19hon MSN

Here’s How Much Elon Musk Could Buy TikTok For—As China Reportedly Eyes Deal

Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s ...

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