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"security-and-exchange-commision"

  • SEC sues Elon Musk, saying he didn’t disclose Twitter ownership

    The SEC alleges, Musk was able to underpay "by at least USD 150 million" for shares he bought after he should have disclosed his ownership of more than 5 per cent of Twitter's shares. Musk bought Twitter in October 2022 and later renamed it X

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