New York Times
US · 4 hrs ago
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S.E.C. Settles Lawsuit Against Elon Musk Over His Twitter Disclosures
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The SEC has settled a lawsuit against Elon Musk regarding his Twitter stock purchases, with Musk agreeing to pay $1.5 million. The settlement concludes a case that alleged Musk failed to properly disclose his acquisition of Twitter shares.
S.E.C. Settles Lawsuit Against Elon Musk Over His Twitter Disclosures
The agency, which has been pulling back on lawsuits against major companies, ended a case that had accused Mr. Musk of hiding his purchases of Twitter stock. He agreed to pay $1.5 million.
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