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The SEC Sues Elon Musk Over Twitter Acquisition Process

New York Post · 2d

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.

Inside Bitcoins · 1d

SEC Sues Elon Musk For Undisclosed Acquisition Of Twitter Shares As Gary Gensler Prepares To Step Down

The SEC sued Elon Musk for not disclosing the purchase of Twitter shares in 2022 even as Chair Gary Gensler prepares to step down on Jan. 20.

TechCrunch · 1d

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

1don MSN

SEC picks another fight with Elon Musk as Gary Gensler exits

The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this ...

1don MSN

SEC Chair Gensler’s Exit Punctuated by Suit Against Musk and a Judicial Rebuff

New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...

2don MSN

Elon Musk’s lawyer rips the SEC’s lawsuit against the X owner — ‘a single-count ticky tak complaint’

Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...

1don MSN

Elon Musk underpaid Twitter acquisition by $150M by not disclosing stake, SEC alleges

The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...

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