SEC sues Elon Musk, says he cheated Twitter investors out of $150 million
The Securities and Exchange Commission sued Elon Musk yesterday over his late disclosure of a Twitter stock purchase in early 2022. Before Musk bought the whole company, he purchased a 9 percent stake in Twitter and failed to disclose it within 10 days as required under US law.
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...
2don MSN
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
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