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SEC sues Elon Musk, saying he didnt disclose Twitter ownership on time before buying it
Posted 7:38 PM 1/14/2025 by Associated Press
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 site.
As a result, the SEC alleges, Musk was able to underpay “by at least $150 (More)