The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.

The Securities and Exchange Commission on Tuesday sued Elon Musk over ... the billionaire. The SEC’s lawsuit, filed in federal court in the District of Columbia, says Musk’s delayed disclosure ...

The SEC alleges Musk failed to disclose his ownership of Twitter stock before buying the social media site in 2022.

The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of ...

Fourteen states led by New Mexico sued the Department of Government Efficiency, or DOGE, on Thursday challenging the alleged ...

The U.S. SEC sued Elon Musk on Tuesday, claiming he committed securities fraud by buying shares of Twitter at "artificially low prices." ...

The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy ...

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed ... As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares ...

The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known as X.

One of Elon Musk's attorney, Alex Spiro, gave a statement to Bloomberg, characterising the SEC's legal action as "an admission" of their weak position. Spiro defended his client, stating that "has ...