SEC Targets Musk Over Alleged Twitter Stake Disclosure Delay
Elon Musk is facing legal action from the U.S. Securities and Exchange Commission, which claims the billionaire entrepreneur failed to promptly disclose his sizable stake in Twitter—now known as X—back in 2022. The lawsuit, filed in Washington, D.C., accuses Musk of breaching securities laws by delaying the required filing to disclose his 5% ownership of …
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