SEC.gov | Elon R. Musk
23 hours ago · According to the SEC’s complaint, Musk underpaid by at least $150 million for his purchases of Twitter common stock in this period. The complaint further alleges that, due to Musk’s failure to timely file a beneficial ownership report with the SEC, investors that sold Twitter common stock between March 25, 2022 and April 1, 2022 did so at ...
Why the SEC’s lawsuit against Musk is likely to last
2 hours ago · Legal. Why the SEC’s lawsuit against Musk is likely to last The case sets up an early test of how Trump’s pick to chair the agency — Paul Atkins — would navigate potential clashes with the ...
SEC sues Elon Musk, saying he didn't disclose Twitter ownership …
23 hours ago · “As the SEC retreats and leaves office — the SEC’s multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tack complaint against Mr. Musk under Section 13(d) for an alleged administrative failure to file a single form — an offense that, even if proven, carries a nominal penalty,” Spiro added.
SEC sues Elon Musk for allegedly failing to properly disclose his
1 day ago · He added that “the SEC’s multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tak complaint against Mr. Musk under Section 13(d) for an alleged ...
SEC sues Elon Musk, alleging he failed to disclose Twitter ... - PBS
9 hours ago · As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5 percent of Twitter’s shares.
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
1 day ago · Although Mr. Musk initially said in an S.E.C. disclosure that he planned to be a passive shareholder in Twitter, he quickly pivoted and made an offer to buy it outright for $44 billion.
SEC sues Elon Musk, accusing him of withholding info that cost …
18 hours ago · The SEC in 2018 filed a complaint alleging that Musk had misled Tesla investors. In 2023, the SEC said it was seeking a court order to compel Musk to testify as part of its investigation into his ...
SEC sues Elon Musk, says he didn't disclose Twitter ownership on …
23 hours ago · As a result, the SEC alleges, Musk was able to underpay "by at least $150 million" for shares he bought after he should have disclosed his ownership of more than 5% of Twitter's shares. Musk ...
US SEC sues Elon Musk over late disclosure of Twitter stake
1 day ago · In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
SEC.gov | Elon R. Musk
Oct 5, 2023 · The Securities and Exchange Commission (“SEC”) announced that it has filed an application seeking an order directing Elon Musk (“Musk”) to comply with an investigative subpoena calling for his appearance for testimony, with which Musk failed to comply.