The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known as Twitter), on January 14 in a federal court in Washington, D.

The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known as X.

Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.

The Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, the US tech  billionaire, over alleged violations in Twi

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 Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.

The U.S. Securities and Exchange Commission 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 media

The lawsuit marks the latest salvo in a years-old feud between the SEC and Musk, who has become one of the regulator's highest-profile critics.

US financial regulator has sued Elon Musk for failing to properly disclose his purchase of Twitter shares that allowed him to buy stock at "artificially low prices."