SEC.gov | Elon R. Musk
Elon Musk, No. 1:25-cv-00105 ... 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 artificially low prices, thereby suffering substantial economic harm. ...
Defendant Elon Musk failed to timely file with the SEC a beneficial ownership ... Musk and his wealth manager also understood that once Musk’s Twitter stake was disclosed to the public, Twitter’s common stock price might substantially increase. 17. At the time Musk directed his wealth manager to purchase Twitter common stock,
SEC sues Elon Musk, saying he didn't disclose Twitter ownership …
Jan 15, 2025 · The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.
SEC sues Elon Musk, alleging he failed to disclose Twitter ... - PBS
Jan 15, 2025 · The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the...
Elon Musk underpaid Twitter acquisition by $150M by not …
Jan 15, 2025 · 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 for allegedly failing to properly disclose his
Jan 14, 2025 · The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at ...
SEC sues Elon Musk, alleging failure to properly disclose Twitter …
Jan 14, 2025 · The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy...
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
Jan 14, 2025 · 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, accusing him of withholding info that cost Twitter …
Jan 15, 2025 · 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 …
Jan 15, 2025 · 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...