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SEC, Twitter and Elon Musk
Elon Musk is being sued by the SEC over his Twitter takeover. What we know
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in a timely manner, saving himself at least $150 million “at the expense of shareholders.”
SEC sues Elon Musk over late disclosure of Twitter share purchases
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
SEC sues Musk, alleging Twitter-related securities violation
The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by failing to disclose his ownership of Twitter. According to the SEC complaint filed Tuesday in D.
Elon Musk sued by SEC over late 2022 disclosure of Twitter stake
The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
SEC Accuses Elon Musk of Failing to Disclose Twitter Stock Purchases in 2022
The SEC sued Elon Musk, accusing the X owner of failing to properly disclose his purchases of Twitter stock in 2022.
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 of dollars worth of Twitter stock in 2022.
SEC sues Elon Musk over alleged failure to disclose purchase of Twitter stock
In total, Musk underpaid Twitter investors by more than $150 million for his purchases of Twitter common stock during this period,” the SEC said in a complaint reported by Politico. “Investors who sold Twitter common stock during this period did so at artificially low prices and thus suffered substantial economic harm.
14h
Trump's new SEC leadership poised to kick start crypto overhaul, sources say
Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency's ...
The Punch Newspapers
7d
LGs to benefit from SEC borrowing framework
The Securities and Exchange Commission has announced plans to strengthen its regulatory framework for borrowing by both ...
1d
on MSN
SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC — given Musk’s close ties ...
1d
Pfizer appeals denial of $75 million claim in SEC case against Cohen hedge fund
Pfizer on Tuesday appealed a federal judge's refusal to award the drugmaker $75.2 million from a more than decade-old insider ...
1d
on MSN
Court tells SEC to lay out why it has declined Coinbase’s request for crypto regulations
A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request ...
6d
Norton again seeks to revoke SEC's independent leasing authority
D.C. Del. Eleanor Holmes Norton has re-introduced legislation that would revoke the Securities and Exchange Commission's independent leasing authority. She's been trying to accomplish this for more ...
5d
Crypto litigation brought against the SEC and the implications of a new administration
Alexander C. Drylewski, Daniel Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss lawsuits ...
Hosted on MSN
4d
Vince McMahon Settles Case with the SEC but He's Far From Being Out of Trouble
According to Janel Grant's lawyer, Vince McMahon settling his case with the Securities and Exchange Commission spells trouble ...
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