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The SEC Sues Elon Musk Over Twitter Acquisition Process

ABC News on MSN · 1d

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 of dollars worth of Twitter stock in 2022.

The Associated Press on MSN · 1d

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.

SEC Obtains Elon Musk Texts In Twitter Lawsuit

Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company

3hon MSN

Musk Facing SEC Claims in Trump Era Means ‘All Bets Are Off’

He’s the world’s richest person, buddies with President-elect Donald Trump and now faces a fresh US regulatory lawsuit that ...

1don MSN

Elon Musk’s lawyer rips the SEC’s lawsuit against the X owner — ‘a single-count ticky tak complaint’

Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...

1d

SEC Chair Gensler’s Exit Punctuated by Suit Against Musk and a Judicial Rebuff

New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...

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