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Elon Musk underpaid Twitter acquisition by $150M by not disclosing stake, SEC alleges
The Securities and Exchange Commission 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, before acquiring the company.
Elon Musk sued by SEC over late disclosure of Twitter stake in parting shot by lame-duck Gary Gensler
The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.
SEC Sues Elon Musk, Accuses Billionaire of Failure to Disclose Twitter Stock Buys
The SEC sued Elon Musk, claiming he deliberately waited too long to disclose his purchase of more than 5% of Twitter shares in 2022.
SEC sues Musk, alleging Twitter-related securities violation
The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by failing to disclose his ownership of Twitter. According to the SEC complaint filed Tuesday in D.
SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of
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 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 suing Musk for profiting from failure to disclose Twitter stake
The Securities and Exchange Commission filed a lawsuit against Elon Musk for an alleged violation in his acquisition of Twitter.
The SEC Is Suing Elon Musk. It’s All in the Timing
Less than a week before Donald Trump takes office, the SEC has filed a complaint against his most prominent benefactor.
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 purchase of the social network.
6h
Musk Accused by SEC of Bilking Twitter Investors Out of Millions
Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the ...
7h
on MSN
SEC accuses Elon Musk of securities violation in new suit
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
2d
on MSN
Jay-Z's Lawyer Claims Rape Accuser's Story Has 'Glaring Red Flags' And Her Lawsuit Is Causing The Rapper 'Harm'
Tensions rise in the legal battle between Jay-Z and his rape accuser, as the rapper's lawyer calls out the credibility of the ...
5h
on MSN
Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tack complaint’
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
Global Grind
4d
Judge Allows Jay-Z To File Motion To Dismiss Sexual Assault Lawsuit After Previously Reprimanding Him For It
Jay-Z and his attorney, Alex Spiro, filed a motion Wednesday to dismiss the ongoing sexual assault lawsuit against him after ...
6d
on MSN
Jay Z's lawyer pushes for court-ordered sanctions against Houston attorney Tony Buzbee
A lawyer representing American rapper Jay Z is calling for court-imposed sanctions against Houston attorney Tony Buzbee, ...
6d
Jay-Z Flips the Script: Uses Accuser’s NBC Interview to Expose ‘False’ Allegations!
Z, through attorney Alex Spiro, has moved for sanctions against attorney Tony Buzbee. The action is in regard to a lawsuit ...
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