The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul Atkins, and his enforcement staff that investigated the matter if Atkins raises these issues and looks to dismiss or impose a slap-on-the-wrist penalty.
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
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in 2022.
Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company
The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known as X.
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter,
The SEC claims Musk cost investors at least $150 million due to the late disclosure and that he harmed any investors who sold stock between March 25th, 2022, and April 1st, 2022.
The Securities and Exchange Commission waged another legal battle against Tesla (TSLA) CEO and X owner Elon Musk, this time accusing the billionaire of defrauding Twitter’s shareholders. In a lawsuit filed in a Washington,
After boosting Donld Trump through extreme sycophancy, turning Twitter into the red-pilled X, and dousing the once-and-future president with $239 million in campaign contributions, Musk earned himself a starring role in Trump’s second administration. But he didn’t want to be a secretary of anything; rather, he wanted DOGE.
In a global environment crosshatched by conflict, it’s not surprising that the language we use to express our emotions hovers like a brooding cloud.