The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known ...

Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of ...

The US financial regulator has sued Elon Musk for failing to properly disclose his purchase of Twitter shares, a secrecy that ...

The SEC has sued Elon Musk for securities fraud, accusing him of delaying the disclosure of his Twitter stake in 2022 to buy ...

US regulators have filed a lawsuit against Elon Musk, accusing him of violating securities laws during his $44 billion ...

Twitter's stock price rose 27 percent once Musk belatedly disclosed his stake, the lawsuit said. "During the period that Musk ...

The SEC alleges Musk failed to disclose his ownership of Twitter stock before buying the social media site in 2022.

He waited too long to disclose his growing stake in company as he prepared a takeover bid, agency said. Read more at ...

US SEC sues Elon Musk for securities fraud over delayed disclosure of Twitter stock purchases, seeks financial penalties.

The US Securities and Exchange Commission sues Elon Musk saying he failed to disclose Twitter ownership in a timely manner.

Musk, who bought Twitter in October 2022 and renamed it X, had started amassing shares earlier that year. His ownership ...