Once Musk did report his purchase, Twitter's stock price skyrocketed, pushing the value of Musk's shares up to $2.89 billion. Twitter's stock ended the day 27 percent higher than the previous day's ...

The SEC sued Elon Musk, claiming he deliberately waited too long to disclose his purchase of more than 5% of Twitter shares in 2022.

Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges ...

The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...

The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 ...

The SEC accuses Elon Musk of delaying Twitter stock disclosure and buying shares at "artificially low prices," impacting shareholders.

The US Securities and Exchange Commission has sued Elon Musk, claiming he failed to timely file that he “had acquired beneficial ownership” through Twitter stock purchases in 2022. The SEC said in a ...

The SEC sued Elon Musk, accusing the X owner of failing to properly disclose his purchases of Twitter stock in 2022.

The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in ...

“In total, Musk underpaid Twitter investors by more ... “Investors who sold Twitter common stock during this period did so at artificially low prices and thus suffered substantial economic ...