SEC Sues Elon Musk Over Alleged Securities Violation Linked To Twitter Purchase
The Securities and Exchange Commission sued tech billionaire Elon Musk on Tuesday, accusing him of securities fraud linked to his $44 billion takeover of Twitter, now known as X. The SEC specifically accused Musk of failing to disclose his ownership stake of Twitter in a timely manner before purchasing the social media platform outright in 2022.
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US Securities and Exchange Commission’s lawsuit against Elon Musk explored as X CEO is accused of non-disclosure of the app’s stock purchaseThe Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known ...
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
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Four individuals charged in a multi-state insider trading scheme, allegedly yielding over $1 million in profits.
A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request ...
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