The new suit alleges Musk violated securities law related to his purchase of Twitter shares. It's not the first time the Tesla leader has gone toe-to-toe with the SEC. The Securities and Exchange ...

The Securities and Exchange Commission on Tuesday filed a lawsuit against Elon Musk, alleging the X owner misled shareholders about his Twitter stock purchases in 2022. The suit alleges Musk ...

The agency alleges that the billionaire failed to disclose his ownership of Twitter ... Musk to pay a civil fine and give up the profits “of his unjust enrichment.” Musk hit out at the suit ...

By the time he disclosed his stake, he owned more than 9% of the company and “Twitter’s stock price increased more than 27%,” the suit said. “Musk paid significantly less for the shares of ...

The Securities and Exchange Commission has filed suit against Elon Musk, alleging he violated securities law related to his $44 billion acquisition of Twitter, according to a federal docket.