Musk sued by US regulator over Twitter takeover - Yahoo Finance

8 hours ago · Elon Musk is being sued by a US watchdog for alleged failings during his $44bn (£36bn) takeover of Twitter, with the billionaire accused of harming investors by acquiring …

$44
OFF

Musk Sued By US Regulator Over Twitter Takeover - Yahoo Finance

2 weeks from now

8 hours ago · Elon Musk is being sued by a US watchdog for alleged failings during his $44bn (£36bn) takeover of Twitter, with the billionaire accused of harming investors by acquiring …

yahoo.com

5%
OFF

Musk Sued Over Buying Twitter Shares At Artificially Low Prices By …

2 weeks from now

22 hours ago · Elon Musk is being sued for failing to disclose his purchase of more than 5% of Twitter stock in a timely fashion. The world's richest man bought the stock in March 2022 and …

yahoo.com

$44
OFF

Elon Musk Ordered To Testify Again In US SEC Probe Of Twitter …

2 weeks from now

May 14, 2024 · SAN FRANCISCO (Reuters) -A federal court ordered on Tuesday that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 …

yahoo.com

$44
OFF

S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations

2 weeks from now

23 hours ago · Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.

nytimes.com

5%
OFF

Elon Musk Sued By SEC Over Late 2022 Disclosure Of Twitter Stake

2 weeks from now

20 hours ago · The SEC alleges Elon Musk violated federal securities law by failing to disclose his more than 5% stake in Twitter on time.

yahoo.com

$150
OFF

Elon Musk Underpaid Twitter Acquisition By $150M By Not …

2 weeks from now

22 hours ago · The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in 2022.

go.com

$150
OFF

Musk Accused By SEC Of Bilking Twitter Investors Out Of Millions

2 weeks from now

22 hours ago · (Bloomberg) -- 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 …

yahoo.com

$150
OFF

US Markets Watchdog Sues Musk Over Twitter Stake Disclosure

2 weeks from now

22 hours ago · The complaint filed to a US federal court alleges Musk saved $150m at the expense of Twitter shareholders.

yahoo.com

FAQs about Musk sued by US regulator over Twitter takeover - Yahoo Finance Coupon?

Why is Elon Musk suing the SEC?

Elon Musk is being sued by the US Securities and Exchange Commission (SEC) for failing to immediately disclose that he’d acquired a large stake in X, formerly known as Twitter. ...

Did Elon Musk fail to disclose 5% of Twitter?

The US Securities and Exchange Commission (SEC) on Tuesday said it was suing tech billionaire Elon Musk, alleging he failed to disclose in a timely manner his ownership of more than 5% of Twitter stakes ahead of taking over the company in 2022. ...

Did Elon Musk fail to file a beneficial ownership report?

The report states: “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 March 2022, in violation of the federal securities laws.” ...

Did Tesla boss save 150 million dollars in share purchases?

The Securities and Exchange Commission (SEC) said in its filing that the Tesla boss saved around 150 million dollars (£123 million) in share purchases as a result of his actions. ...

Why did Tesla CEO keep buying shares at 'artificially low prices'?

The Tesla and SpaceX CEO’s failure to notify regulators allowed him to keep buying shares at “artificially low prices”, the SEC said in a filing with the US District Court in the District of Columbia. ...

Is the SEC a bugbear of musk's allies in Silicon Valley?

The SEC has also been a bugbear of many of Mr Musk’s allies in Silicon Valley, who have accused it of unfairly targeting the cryptocurrency industry with legal claims and investigations. ...