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The investigation, which escalates a long-running feud between the SEC and Musk, concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which Musk renamed X ...
Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media ...
The lawsuit from the SEC against Musk is essentially about him not disclosing his purchase of a large portion of Twitter’s stock in the months before he announced his intention to buy the company.
On April 14, Musk made an unsolicited and non-binding offer to Twitter to purchase the company for $43 billion, or $54.20 per share, and take it private. Though the offer was made to company management, the bid was described as a hostile takeover attempt because of the implied threat to purchase the outstanding stock if management declined.
Twitter, Inc. v. Taamneh, 598 U.S. 471 (2023), was a case of the Supreme Court of the United States.The case considered whether Internet service providers are liable for "aiding and abetting" a designated foreign terrorist organization in an "act of international terrorism", on account of recommending such content posted by users, under Section 2333 of the Antiterrorism and Effective Death ...
Elon Musk was ordered by a U.S. judge to face most of a lawsuit claiming he defrauded former Twitter shareholders last year by waiting too long to disclose that he had invested in the social media ...
Elon Musk and Twitter are being sued by former employees of the social-media network who allege the company failed to pay their promised severance packages. The lawsuit was filed Wednesday in U.S ...
Elon Musk and Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44 billion takeover of the social media company before 2025. In a proposed class ...