Thursday, January 16, 2025

US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase

In its lawsuit, the SEC said that before Musk's delayed disclosure of his ownership in Twitter, he allegedly spent more than $500m purchasing additional shares in the company and was able to buy the stock from the "unsuspecting public at artificially low prices"...

https://www.theguardian.com/technology/2025/jan/14/us-elon-musk-twitter-stock-purchase-lawsuit


 

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