SEC vs Elon Musk over Twitter Stock

In early 2022, Elon Musk began acquiring Twitter shares, eventually surpassing a 5% ownership stake. According to U.S. securities laws, investors must disclose such stakes within ten days. However, Musk delayed this disclosure by 11 days, finally revealing his position on April 4, 2022. This delay allowed him to purchase additional shares at lower prices, […]