SEC Sues Elon Musk Over Alleged Securities Violation Linked To Twitter Purchase
The Securities and Exchange Commission sued tech billionaire Elon Musk on Tuesday, accusing him of securities fraud linked to his $44 billion takeover of Twitter, now known as X. The SEC specifically accused Musk of failing to disclose his ownership stake of Twitter in a timely manner before purchasing the social media platform outright in 2022.
SEC sues Elon Musk, alleging securities fraud in Twitter deal
The Securities and Exchange Commission (SEC) filed a lawsuit against Tesla (TSLA) CEO Elon Musk, alleging he committed securities fraud by failing to disclose his active stake in Twitter, now X, allowing him to buy the social media company at "artificially low prices.
Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency's ...
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
The Securities and Exchange Commission said it reached a settlement agreement with WWE co-founder Vince McMahon, which ...
Wachter, who is also director of the SEC's Division of Economic and Risk Analysis, will depart the agency Friday after overseeing its economists and data scientists since May 2021. She will return to ...
Alexander C. Drylewski, Daniel Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss lawsuits ...
A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request ...
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Solana and XRP ETFs Could Spark Billions in InvestmentsThe U.S. Securities and Exchange Commission (SEC) is gearing up to decide on multiple applications for Solana (SOL-USD) and ...
The firms used unapproved communication methods to send and receive messages that were required to be preserved, the agency ...
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