Now Reading: SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time
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SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time
SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time
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The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal […]
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