US market watchdog sues Elon Musk

Jan 14th 2025 10:04pm EST

The billionaire gained over $150 million from unsuspecting Twitter shareholders, according to the regulator Elon Musk is facing a lawsuit from the US Securities and Exchange Commission (SEC) over accusations that he failed to promptly disclose his initial acquisition of a significant stake in Twitter in early 2022, allegedly causing substantial financial harm to investors […]

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