Elon Musk faces new SEC lawsuit over alleged misdeeds with Twitter purchase

The SEC says Musk failed to notify the agency when his Twitter stake crossed 5%, allowing him to buy more stock “at artificially low prices from the unsuspecting public.”

Jan 14, 2025 - 16:45
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Elon Musk faces new SEC lawsuit over alleged misdeeds with Twitter purchase
The SEC says Musk failed to notify the agency when his Twitter stake crossed 5%, allowing him to buy more stock “at artificially low prices from the unsuspecting public.”

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