SEC.gov | Elon R. Musk
Jan 14, 2025 · 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 …
Jan 15, 2025 · Before it filed the lawsuit, the SEC went to court in an attempt to compel Musk to testify as part of an investigation into his purchase of Twitter. The SEC’s current chair, Gary Gensler, plans to step down from his post on Jan. 20 and it is not clear if the new administration will continue the lawsuit.
Elon Musk underpaid Twitter acquisition by $150M by not …
Jan 14, 2025 · 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.
SEC sues Elon Musk for allegedly failing to properly disclose his
Jan 15, 2025 · The US Securities and Exchange Commission sued Elon Musk on Tuesday for allegedly failing to properly disclose his ownership of X, then known as Twitter, as required by federal law, which allowed ...
SEC sues Elon Musk, accusing him of withholding info that cost Twitter …
Jan 15, 2025 · The suit alleges Musk violated federal securities laws, enabling him to purchase shares of Twitter at artificially low prices before his $44 billion takeover of the social media site.
SEC sues Elon Musk, alleging failure to properly disclose Twitter …
Jan 14, 2025 · 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...
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
Jan 14, 2025 · U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion purchase of Twitter, now called X.
Elon Musk didn’t show up for testimony in a probe over his $44
Sep 20, 2024 · The Securities and Exchange Commission intends to seek sanctions against Elon Musk over his failure to appear for testimony in an investigation related to his takeover of Twitter, now called X...
Elon Musk is being sued by the feds over the way he bought Twitter
Jan 14, 2025 · Elon Musk’s acquisition of Twitter has resulted in a federal lawsuit by the Securities and Exchange Commission alleging that he broke securities laws with a late disclosure, and saved $150 ...
SEC sues Elon Musk over alleged late disclosures on Twitter share …
Jan 14, 2025 · US securities regulators have sued Elon Musk for allegedly failing to make timely disclosures on his purchases of Twitter shares in 2022, helping him achieve a discount of at least $150mn on his ...