BREAKING: SEC Sues Elon Musk Over Late Twitter Buy-Up Disclosure
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By Lauren Berg

Elon Musk violated securities laws by failing to timely disclose his
initial buy-up of Twitter stock ahead of his $44 billion acquisition of the
company, allowing him to purchase shares at artificially low prices, the
U.S. Securities and Exchange Commission alleged in a D.C. federal lawsuit
filed Tuesday.

 Complaint attached | Read full article »
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