SEC sues Elon Musk over delayed Twitter stock disclosure, alleges $150 million underpayment – Times of India
The Securities and Exchange Commission (SEC) sued Elon Musk, alleging that the billionaire failed to disclose his ownership of Twitter stock in a timely manner in early 2022, prior to his acquisition of the social media platform. In its suit filed late Tuesday (local time) in Washington’s US district court, the SEC claims that as…