SEC Sues Elon Musk Over Alleged Securities Violation Linked To Twitter Purchase
The Securities and Exchange Commission sued tech billionaire Elon Musk on Tuesday, accusing him of securities fraud linked to his $44 billion takeover of Twitter, now known as X. The SEC specifically accused Musk of failing to disclose his ownership stake of Twitter in a timely manner before purchasing the social media platform outright in 2022.
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, ...
According to data provided by S&P Global Market Intelligence, XRP ( XRP 0.64%) was up as much as 43.2% since last Friday's ...
As is customary, Chair Gary Gensler will step down on January 20, 2025. Either Republican Commissioner Hester Peirce or Mark Uyeda is expected to serve as interim chair until the Senate confirms the ...
The Securities and Exchange Commission said it reached a settlement agreement with WWE co-founder Vince McMahon, which ...
Four individuals charged in a multi-state insider trading scheme, allegedly yielding over $1 million in profits.
Two Sigma voluntarily repaid $165 million to impacted funds and accounts during the SEC's investigation and agreed to pay $90 ...
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