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SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it (apnews.com)

submitted 2 months ago by BrikoX@lemmy.zip to c/legalnews@lemmy.zip

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The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

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[–] MinFapper@startrek.website 5 points 2 months ago

I'm expecting President Musk to gut the SEC any day now