SEC.gov | Elon R. Musk
1 day ago · According to the SEC’s complaint, Musk underpaid by at least $150 million for his purchases of Twitter common stock in this period. The complaint further alleges that, due to Musk’s failure to timely file a beneficial ownership report with the SEC, investors that sold Twitter common stock between March 25, 2022 and April 1, 2022 did so at ...
SEC sues Elon Musk, saying he didn't disclose Twitter ownership …
1 day ago · 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. Musk bought Twitter in October 2022 and later renamed it X. Musk started amassing Twitter shares in early 2022, and by March of that year, he owned more ...
Elon Musk underpaid Twitter acquisition by $150M by not …
1 day ago · 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 ...
SEC sues Elon Musk, alleging he failed to disclose Twitter ... - PBS
21 hours ago · 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 percent of Twitter’s shares.
SEC sues Elon Musk, alleging failure to properly disclose Twitter …
1 day ago · The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that ...
SEC sues Elon Musk, accusing him of withholding info that cost Twitter …
1 day ago · Musk started buying shares of Twitter, which he later renamed X, in early 2022. By mid-March, he'd acquired ownership of more than 5% of the company's outstanding stock, according to the SEC filing.
SEC sues Elon Musk, says he didn't disclose Twitter ownership on …
1 day ago · The U.S. Securities and Exchange Commission says Musk failed to disclose his ownership of Twitter stock in a timely manner before buying the site and underpaid by $150 million for shares he bought.
SEC sues Elon Musk for allegedly failing to disclose X ownership
1 day ago · The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at ...
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
1 day ago · The S.E.C. contends that in buying Twitter in 2022, Mr. Musk violated securities laws by amassing a large stock position in the social media company without filing the proper notification.
SEC hits Elon Musk with lawsuit in final salvo - POLITICO
2 days ago · The Securities and Exchange Commission took a parting shot at Elon Musk on Tuesday, filing a lawsuit over the billionaire’s alleged failure to properly disclose his purchases of Twitter stock in ...