SEC settles with Elon Musk over Twitter dispute
The Hill ·
The Securities and Exchange Commission (SEC) has reached a settlement with Elon Musk over the delayed disclosure of his stake in Twitter, the platform now known as X, according to court documents. …
The Securities and Exchange Commission (SEC) has reached a settlement with Elon Musk over the delayed disclosure of his stake in Twitter, the platform now known as X, according to court documents. Musk, who purchased X for $44 billion in late 2022, will pay a $1.5 million civil penalty. The settlement resolves a lawsuit filed...
Original source: The Hill