Financial regulator alleges Musk later acquired shares of company at ‘artificially low prices’, stiffing shareholders
A 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 […]
US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase
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