"Musk underpaid Twitter investors by more than $150 million for his purchases of Twitter common stock during this period," the SEC said.
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...
The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by ...
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation ...
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for ...
Elon Musk appears to have revealed that the Securities and Exchange Commission issued him a "settlement demand" related to his $44 billion purchase of Twitter. Elon Musk validated the use of GLP-1 ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter ...
Elon Musk cheated Twitter shareholders out of more than ... ready to take action against him over his investment in Twitter.
The Securities and Exchange Commission has filed suit against Elon Musk ... which eventually resulted in a settlement under which Tesla and Musk both paid fines of $20 million.
ELON MUSK TO PROVIDE WI-FI TO WILDFIRE ... As part of that settlement, he was forced to step down as chair of Tesla. The SEC also sued Musk in 2023 to try to compel him to testify about his ...