"Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of Twitter's common stock in ...

Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...

The SEC alleged that Musk violated federal securities laws when he amassed more than $500 million in shares of Twitter -- later renamed X -- without properly disclosing his stake in the company ...

Musk has called the SEC "just another weaponized institution doing political dirty work." Musk started buying shares of Twitter, which he later renamed X, in early 2022. By mid-March, he'd ...

As a result, the SEC alleges, Musk was able to underpay "by at least $150 million" for shares he bought after he should have disclosed his ownership of more than 5% of Twitter's shares.

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 ...

The SEC claims that Musk made his stake in Twitter public 11 days after that deadline. “Because Musk failed to timely disclose his beneficial ownership, he was able to make these purchases from ...

The SEC complaint states that Musk began buying up Twitter shares early in the year. By March 14, Musk owned more than 5% of the company’s outstanding stock, and thus was required to disclose ...

The U.S. Securities and Exchange Commission (SEC) this week filed a suit against X, formerly Twitter, owner Elon Musk over Twitter stock purchases he made in 2022. Musk didn’t disclose in a ...

As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have ...

Before acquiring Twitter, now known as X, for $44 billion in October 2022, Musk had increased his shares in the company. The SEC requires investors to disclose when they own more than 5 percent of ...