The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders ...
SEE ALSO: Twitter shareholder Elon Musk is reportedly being investigated by the SEC. Again. However, rather than disclosing his purchase by March 24, Musk allegedly waited 11 days past the ...
The Securities and Exchange Commission (SEC) filed a lawsuit against tech billionaire Elon Musk, accusing him of failing to disclose his ownership of Twitter stock in a timely manner in early 2022.
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.
The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul ­Atkins, and his enforcement ...
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...