Tesla stock was up in premarket trading Wednesday as investors were forced to consider—again—what conflict between CEO Elon Musk and the Securities and Exchange Commission means for shares of his electric-vehicle maker.
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.
The US Securities and Exchange Commission sues Elon Musk saying he failed to disclose Twitter ownership in a timely manner. View on euronews
Musk's legal representative Alex Spiro dismissed the SEC's case as a tiny procedural point and called it a 'ticky tack complaint' saying that the agency's why harassment.' Musk ['s] actions are the opposite of overreach, said Spiro, and he had 'done nothing wrong.'
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism than enforcement, but ensures his term won't end with a court's dressing-down of the agency.
14 (UPI) --The U.S. Securities and Exchange Commission is suing Elon Musk for ... The SEC complaint is requesting Musk, who also owns SpaceX and Tesla, turn over his "unjust" profits and pay ...
It's not the first time the Tesla leader has gone toe-to-toe with the SEC. The Securities and Exchange Commission has filed suit against Elon Musk, alleging he violated securities law related to ...
The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known as Twitter), on January 14 in a federal court in Washington, D.
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter,