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

BREAKING: SEC Sues Elon Musk Over Late Twitter Buy-Up Disclosure <https://www.law360.com/banking/articles/2284264?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2284264&read_main=1&nlsidx=0&nlaidx=0> 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 » <https://www.law360.com/banking/articles/2284264?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2284264&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/banking/articles/2284264?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2284264&read_later=1&nlsidx=0&nlaidx=0>
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Gunnar Larson