Tesla stock was up in premarket trading Wednesday as investors were forced to consider—again—what conflict between CEO Elon Musk and the Securities and Exchange Commission means for shares of his electric-vehicle maker.
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.
The US Securities and Exchange Commission sues Elon Musk saying he failed to disclose Twitter ownership in a timely manner. View on euronews
Musk's legal representative Alex Spiro dismissed the SEC's case as a tiny procedural point and called it a 'ticky tack complaint' saying that the agency's why harassment.' Musk ['s] actions are the opposite of overreach, said Spiro, and he had 'done nothing wrong.'
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
New Users Include 275K+ Ad-Supported - Signed $40+M in B2B Partnerships last 60 Days - B2B Pipeline Expands to Over 70 Companies - Utilizing AI and Data Mining to Monetize Database LOS ANGELES, Jan. 23,
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism than enforcement, but ensures his term won't end with a court's dressing-down of the agency.
14 (UPI) --The U.S. Securities and Exchange Commission is suing Elon Musk for ... The SEC complaint is requesting Musk, who also owns SpaceX and Tesla, turn over his "unjust" profits and pay ...
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.
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.