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twitter-acquisition

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SEC and Elon Musk Settle Twitter Stake Disclosure Lawsuit for $1.5 Million FineTesla Owners Club Belgium / Wikimedia (CC BY 2.0)
finance21 hrs ago

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,…

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