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 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.
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 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 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 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.
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