The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known as Twitter), on January 14 in a federal court in Washington, D.
The US SEC has filed a lawsuit against Elon Musk, Tesla Inc. founder, over alleged violations in Twitter acquisition.
The US Securities and Exchange Commission sues Elon Musk saying he failed to disclose Twitter ownership in a timely manner. View on euronews ...
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.
According to the SEC complaint, had Musk disclosed his ownership of shares in Twitter before his $44 billion deal, stock prices would have been significantly higher.
After boosting Donld Trump through extreme sycophancy, turning Twitter into the red-pilled X, and dousing the once-and-future ...
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...
Musk agreed to a settlement in the case, with the billionaire and Tesla each paying a $20 million ... acquisition of Twitter shares. The case is Securities and Exchange Commission v. Musk, 25-cv-00105 ...
Musk's legal representative Alex Spiro dismissed the SEC's case as a tiny procedural point and called it a 'ticky tack complaint' saying that the agency's why harassment.' Musk ['s] actions are the ...
The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.
It's not the first time the Tesla leader has gone toe-to-toe with the SEC. The Securities and Exchange Commission has filed suit against Elon Musk, alleging he violated securities law related to ...