Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.
Matthew Goldstein covers white-collar crime and finance. Kate Conger covers Elon Musk and X.
U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion purchase of Twitter, now called X.
The lawsuit against Mr. Musk, who has become a close adviser to President-elect Donald J. Trump, is […]
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations – The New York Times
The SEC Is Suing Elon Musk. It's All in the Timing | WIRED
With the clock running out on the Biden administration, the US Securities and Exchange Commission has sued Elon Musk in federal court. The statute at hand is relatively straightforward. The timing of the complaint is more complicated.
The SEC’s complaint centers on Musk’s acquisition of Twitter stock in early 2022. According to the complaint, Musk failed to notify the agency that he had acquired more than 5 percent of common shares in the company within 10 calendar days. If true, that delay […]
The SEC Is Suing Elon Musk. It's All in the Timing | WIRED