securities-law
3 stories related to this topic, newest first.
under30ceo.comElon Musk Settles SEC Lawsuit Over Twitter Stock Disclosures for $1.5 Million
Elon Musk has settled a civil lawsuit with the U.S. Securities and Exchange Commission accusing him of delaying disclosure of his 2022 Twitter stock purchases. A trust in his name will pay a $1.5 million penalty without admitting wrongdoing. The case stemmed from an 11-day delay…
Tesla Owners Club Belgium / Wikimedia (CC BY 2.0)SEC and Elon Musk Settle Twitter Stake Disclosure Lawsuit for $1.5 Million Fine
The U.S. Securities and Exchange Commission has agreed to settle its lawsuit against Elon Musk accusing him of violating securities laws by delaying disclosure of his Twitter stake in 2022. Musk's revocable trust will pay a $1.5 million civil penalty without admitting wrongdoing,…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Halper Sadeh LLC Investigates Fairness of Deals for LEG, AVNS, SEM, GRTX Shareholders
Halper Sadeh LLC announced an investigation into potential violations of federal securities laws and breaches of fiduciary duties related to several company transactions. The firm is examining deals involving Leggett & Platt, Avanos Medical, Select Medical Holdings, and Galera Th…