US Regulator Sues Musk Over Incorrect Acquisition of Twitter - Filing

NAMPA / Sputnik

2025-01-15

MOSCOW, January 15 (Sputnik) - The US Securities and Exchange Commission has filed a lawsuit against billionaire Elon Musk over alleged violations during the purchase of then-Twitter, according to court documents. "Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of Twitter’s common stock in March 2022, in violation of the federal se......

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