SEC Says Elon Musk Cheated Twitter Shareholders

Bloomberg News

Summary

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Billionaire Elon Musk finds himself in the center of a legal scrutiny by US Securities and Exchange Commission, just days before Donald Trump's inauguration as US President.
Hindustan Times
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The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at “artificially low prices.”
CNN
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The texts could offer valuable insight into how Musk came to purchase one of the world's largest social media sites.
Newsweek
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The Tesla and SpaceX CEO is accused of failing to disclose ownership of a significant amount of stock in Twitter before he bought the company.
The Gazette

■ Story #10 ▪

issue 88:88 ▪

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updated 88:88

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