MORE: Elon Musk shares letter saying SEC sent him 'settlement demand' regarding his purchase of Twitter In its lawsuit filed Tuesday, the SEC accused Musk of misleading shareholders as he began to ...

The SEC’s lawsuit centres on the allegation that Musk breached regulations by delaying his disclosure of surpassing the 5% ownership threshold in Twitter shares by 11 days. According to the SEC ...

Musk is accused of misleading investors when he bought Twitter stock in 2022. The Securities and Exchange Commission is continuing its $150 million lawsuit against Elon Musk that was brought ...

The U.S. Securities and Exchange Commission has given Elon Musk six more weeks to respond to its civil lawsuit accusing the ...

As previously reported, the Securities and Exchange Commission filed a similar lawsuit against Musk over alleged failure to properly disclose purchases of Twitter stock in 2022 before he took over ...

Before he closed his $44 billion deal to buy Twitter in October ... Alex Spiro said that “Musk has done nothing wrong” and that the lawsuit was “an admission by the SEC that the they ...

The Securities and Exchange Commission took a parting shot at Musk late Tuesday with a lawsuit related to his $44 billion purchase of Twitter, the social media company that is now known as X.

Investors who filed the lawsuit said Musk and his wealth manager Jared Birchall knew that an SEC rule required Musk to disclose that he had acquired more than 5% of Twitter's stock by March 24 ...

Sean O'Driscoll is a Newsweek Senior Crime and Courts Reporter based in Ireland. His focus is reporting on U.S. law. He has covered human rights and extremism extensively. Sean joined Newsweek in ...

According to the SEC, Musk’s delayed disclosure in ... saving him $150 million on his Twitter acquisition. Why It Matters: The lawsuit against Musk is tied to his acquisition of social media ...

The Tesla and SpaceX CEO acquired Twitter for $44 billion in October 2022 and rebranded it as X. Musk ... lawsuit, but Trump has tapped pro-business Paul Atkins, who previously served as SEC ...

As previously reported, the Securities and Exchange Commission filed a similar lawsuit against Musk over alleged failure to properly disclose purchases of Twitter stock in 2022 before he took over ...