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With only days left in the Biden administration, the SEC sued Musk on Tuesday, alleging that he didn’t comply with requirements to notify the agency about his swelling Twitter stake in 2022 ...

Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges ...

Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...

The US Securities and Exchange Commission (SEC) 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 ...

pressing him to him to explain why he hadn’t disclosed his stake in Twitter within the correct timeline. SEC attorneys in December asked Musk to pay more than US$200mil to settle the allegations ...

According to the suit, Musk failed to properly disclose his stock position in Twitter prior to his acquisition, allowing him to continue buying shares at "artificially lower prices." ...

The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by failing to disclose his ownership of Twitter.