Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.

The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.

The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.

The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known as Twitter), on January 14 in a federal court in Washington, D.

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

Musk's legal representative Alex Spiro dismissed the SEC's case as a tiny procedural point and called it a 'ticky tack complaint' saying that the agency's why harassment.' Musk ['s] actions are the opposite of overreach, said Spiro, and he had 'done nothing wrong.'

New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism than enforcement, but ensures his term won't end with a court's dressing-down of the agency.

It's not the first time the Tesla leader has gone toe-to-toe with the SEC. The Securities and Exchange Commission has filed suit against Elon Musk, alleging he violated securities law related to ...

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter,

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against tech billionaire ... through businesses such as the electric car maker Tesla and rocket company SpaceX. He is worth nearly twice as much as Amazon.com founder Jeff Bezos, the ...

The SEC complaint alleges Musk “failed to timely file a beneficial ownership report” disclosing his purchase of Twitter shares before announcing ownership