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Elon Musk Settles SEC Suit Over Late Twitter Disclosures for $1.5M
Elon Musk has agreed to pay $1.5 million to settle a lawsuit with the Securities and Exchange Commission. The settlement resolves allegations that he was late in disclosing his significant stake in Twitter.
4 May, 20:34 — 4 May, 22:12
The Story
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Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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Left (1)
globe-and-mail
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Geographic diversity— 2 regions9/34
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wapoMostly Factual102d ago
Elon Musk will pay $1.5 million to settle with SEC over late paperwork
Elon Musk settled with the SEC in a case that alleged he saved $150 million in 2022 by filing paperwork disclosing purchases of Twitter shares 11 days late.
By Gerrit De Vynck
Read full article →globe-and-mailHigh103d ago
SEC’s lawsuit against Elon Musk over Twitter disclosures ends with settlement - The Globe and Mail
SEC’s lawsuit against Elon Musk over Twitter disclosures ends with settlement The Globe and Mail
Read full article →Coverage Timeline
First report: globe-and-mail · 4 May, 20:34|Full coverage: 2 · 2h|Window: 2h
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