Comment on SEC sues Elon Musk over Twitter stock, alleging shareholder disadvantage

SEC sues Elon Musk over Twitter stock, alleging shareholder disadvantage

The US Securities and Exchange Commission (SEC) has taken legal action against Elon Musk, accusing him of not being upfront about owning 5% of Twitter stock. They’re also claiming he went on to buy more shares at “artificially low prices,” which they say left other shareholders at a disadvantage. In a press statement released on Tuesday (Jan.

 

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