The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.
Is the pioneer of private equitys hottest trade learning to let go?
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Read moreDetailsHome » Elon Musk sued by SEC over late disclosure of Twitter stake in parting shot by lame-duck Gary Gensler
The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.
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