SEC.gov | Elon R. Musk
19 hours 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 for allegedly failing to disclose X ... - CNN
20 hours ago · He added that “the SEC’s multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tak complaint against Mr. Musk under Section 13(d) for an alleged ...
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, saying he didn’t disclose Twitter ...
19 hours ago · “As the SEC retreats and leaves office — the SEC’s multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tack complaint against Mr. Musk under Section 13(d) for an alleged administrative failure to file a single form — an offense that, even if proven, carries a nominal penalty,” Spiro added.
SEC sues Elon Musk, accusing him of withholding info that ...
14 hours ago · The SEC in 2018 filed a complaint alleging that Musk had misled Tesla investors. In 2023, the SEC said it was seeking a court order to compel Musk to testify as part of its investigation into his ...
Musk Accused by SEC of Bilking Twitter Investors Out of Millions
20 hours ago · The SEC asked the court to direct Musk to pay a civil penalty and return profits, which the agency claims he reaped unjustly from his stock purchases. Musk also faces investor litigation accusing him of hiding his acquisition of Twitter shares. The case is Securities and Exchange Commission v. Musk, 25-cv-00105, US District Court, District of ...
SEC sues Musk, alleging Twitter-related securities violation
19 hours ago · The SEC launched an investigation into Musk in April 2022 over his initial purchase of Twitter stock and his various SEC filings related to the social media company.. Before acquiring Twitter, now ...
S.E.C. Sues Elon Musk Over Twitter-Related Securities ...
20 hours 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 Failure to Disclose Growing Twitter ...
20 hours 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 ...
SEC.gov | Elon R. Musk
Oct 5, 2023 · The Securities and Exchange Commission (“SEC”) announced that it has filed an application seeking an order directing Elon Musk (“Musk”) to comply with an investigative subpoena calling for his appearance for testimony, with which Musk failed to comply.