[BIG TECH]■ STORY TIMELINE
MUSK SETTLES SEC TWITTER LAWSUIT FOR POCKET CHANGE
Elon Musk has agreed to settle a Securities and Exchange Commission lawsuit over his 2022 Twitter acquisition for what regulators describe as a bargain. The SEC had alleged Musk failed to disclose his purchase of over $500 million in Twitter stock on time, causing investors at least $150 million in losses.
The Verge+0m
Last year, the SEC sued Elon Musk over the way his acquisition of Twitter (now X, and a part of SpaceX) started, and tod…
The Guardian — Technology+11m
Musk won’t have to give up any money he allegedly saved from delaying disclosure of initial purchase of Twitter stock S…
Ars Technica+18h 56m
SEC alleged Musk's late disclosure cheated Twitter investors out of $150 million.