Le Monde
International · 3 hrs ago
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Musk agrees to pay $1.5 million over Twitter share buying
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Elon Musk agreed to pay $1.5 million to settle a government lawsuit alleging he violated stock market disclosure rules by failing to notify regulators on time during his Twitter share acquisition in early 2022.
Musk agrees to pay $1.5 million over Twitter share buying
On Monday, Elon Musk agreed to pay a small amount to end a government lawsuit, which accused him of breaking stock market rules. The case centers on Musk's failure to have met the statutory deadline for notifying regulators when he was building up his position in Twitter in early 2022.
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