12 hours ago Elon Musk sued by US government for allegedly failing to disclose Twitter stock ownership

SEC alleges Musk was able to underpay ‘by at least $150 million’ for Twitter shares he bought after he should have disclosed his ownership of more than 5%

Politics

23 hours ago SEC sues Elon Musk over alleged late disclosures on Twitter share deal

Regulator says Trump ally got $150mn discount by not disclosing stake in social media group on time

Economics

20 hours ago SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it

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

Technology

22 hours ago US government sues Elon Musk for allegedly failing to disclose Twitter stock ownership

SEC alleges Musk was able to underpay ‘by at least $150 million’ for Twitter shares he bought after he should have disclosed his ownership of more than 5%

Politics

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

Financial regulator alleges Musk later acquired shares of company at ‘artificially low prices’, stiffing shareholdersA US financial regulator has sued Elon Musk for allegedly failing to disclose his ownership of Twitter stock and later acquiring shares in the company at “artificially low prices”, stiffing other shareholders.The Securities and Exchange Commission (SEC) filed suit against Musk late on Tuesday in federal court in Washington DC for alleged securities violations. According to the suit, Musk did not disclose that he had acquired a 5% stake in the company in a timely manner, which allowed him “to underpay by at least $150m for shares he purchased after his financial beneficial ownership report was due”. Continue reading...

Events

27 hours ago Black cop is accused of trafficking his white wife while flying to their honeymoon destination

Exclusive: American Airlines has “a pattern and practice” of profiling racial minorities, according to a bombshell lawsuit filed by newlyweds Anthony Williams and Katsiaryna Shasholka

Events