SEC.gov | Elon R. Musk
1 day ago · According to the SEC’s complaint, Musk underpaid by at least $150 million for his purchases of Twitter common stock in this period. The complaint further alleges that, due to Musk’s failure to timely file a beneficial ownership report with the SEC, investors that sold Twitter common stock between March 25, 2022 and April 1, 2022 did so at ...
SEC sues Elon Musk, saying he didn't disclose Twitter ownership …
1 day ago · As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares. Musk bought Twitter in October 2022 and later renamed it X. Musk started amassing Twitter shares in early 2022, and by March of that year, he owned more ...
Elon Musk underpaid Twitter acquisition by $150M by not …
1 day ago · The SEC alleged that Musk violated federal securities laws when he amassed more than $500 million in shares of Twitter -- later renamed X -- without properly disclosing his stake in the company ...
SEC sues Elon Musk, alleging he failed to disclose Twitter ... - PBS
14 hours ago · As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5 percent of Twitter’s shares.
SEC sues Elon Musk, accusing him of withholding info that cost Twitter …
1 day ago · Musk started buying shares of Twitter, which he later renamed X, in early 2022. By mid-March, he'd acquired ownership of more than 5% of the company's outstanding stock, according to the SEC filing.
SEC sues Elon Musk, says he didn't disclose Twitter ownership on …
1 day ago · The U.S. Securities and Exchange Commission says Musk failed to disclose his ownership of Twitter stock in a timely manner before buying the site and underpaid by $150 million for shares he bought.
SEC Sues Musk for 'Underpaying' for Twitter Stock Amid Takeover
18 hours ago · That delayed disclosure allowed Musk to buy more than $500 million in added Twitter stock at "artificially low prices," the SEC said. Musk completed his roughly $44 billion purchase of Twitter ...
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
1 day ago · The S.E.C. contends that in buying Twitter in 2022, Mr. Musk violated securities laws by amassing a large stock position in the social media company without filing the proper notification.
SEC sues Elon Musk for allegedly failing to properly disclose his
1 day ago · The US Securities and Exchange Commission sued Elon Musk on Tuesday for allegedly failing to properly disclose his ownership of X, then known as Twitter, as required by federal law, which allowed ...
SEC Sues Elon Musk for Failure to Disclose Growing Twitter Stake ...
1 day ago · Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, the US Securities and Exchange ...
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