The SEC has sued Elon Musk, accusing him of failing to disclose his Twitter stock ownership on time before his acquisition of the platform in 2022. The delay allegedly allowed Musk to buy shares ...

Twitter’s share price rose more than 27% following that disclosure, the SEC said. Musk eventually purchased Twitter for $44 billion in October 2022, and renamed it X. Spiro admitted that Musk ...

Elon Musk was sued on Tuesday by the US Securities and Exchange Commission (SEC), which accused the world’s richest person of waiting too long to disclose in 2022 he had amassed a large stake in ...

requiring him to file a disclosure report. The SEC says the report was 11 days late, allowing Musk to "underpay by at least $150 million” for shares purchased before he disclosed his stake.

The eccentric billionaire has clashed with the SEC before, including over what the ... previous day’s closing price after Musk made the disclosure. “As a result, Musk was able to continue ...

The Dallas firm agrees to pay a fine after the SEC said it wasn’t forthcoming about a customer data breach.

The Securities and Exchange Commission (SEC) is increasing its scrutiny on artificial intelligence (AI)-related disclosures; therefore, companies must tread carefully as year-end reporting season ...

However, rather than disclosing his purchase by March 24, Musk allegedly waited 11 days past the deadline before finally notifying the SEC on April ... billionaire's purchase and disclosure.

resolving allegations that the payments-technology company failed to make required disclosures in several of its filings. The SEC said Friday that Shift4 failed to state in its annual filing and ...