The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for ...
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 ...
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of ...
"Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of Twitter's common stock in ...
The states' lawsuit claims that Musk has "roamed through the federal government unraveling agencies, accessing sensitive data ...
On January 14, 2025, the U.S. Securities and Exchange Commission (the “SEC”) sued Elon Musk over his 2022 acquisition of Twitter, Inc. stock ...
The lawsuit alleged the breach of sensitive Treasury Department data "poses huge cybersecurity risks" and violates multiple ...
The latest executive order by the president made clear that the billionaire’s cost-cutting team will have continuing ...
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
Attorney Robert Zwirb analyzes the SEC regulation of disclosures, saying that it’s important to preserve financial incentives ...