SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
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 that allowed him to buy shares at “artificially low prices.”
Read more at NBC News
Topics
-
The SEC Is Suing Elon Musk. It’s All in the Timing
Less than a week before Donald Trump takes office, the SEC has filed a complaint against his most prominent benefactor.Wired - 3h -
SEC lawsuit against Elon Musk is a big political test for Trump administration
Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk’s close ties to the incoming president.MarketWatch - 4h -
Mapping Elon Musk’s Global Empire
From tunnels to Tesla factories to SpaceX launch facilities, there’s barely a place on Earth that doesn’t feel the gravitational pull of humanity’s wealthiest reply guy.Wired - 1d -
SEC sues Elon Musk over alleged late disclosures on Twitter share deal
Regulator says Trump ally got $150mn discount by not disclosing stake in social media group on timeFinancial Times - 6h -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - 4d -
Alec Baldwin sues prosecutors in Rust trial, alleging civil rights violations
Actor has filed civil lawsuit claiming prosecutors targeted him for professional or political gain, and intentionally concealed evidence that vindicated him. Actor Alec Baldwin has filed a civil ...The Guardian - 5d -
Elon Musk Is Roiling European Politics
The Trump ally has flooded X with posts criticizing European politicians, causing a diplomatic conundrum for the continent’s leaders.The Wall Street Journal - Jan. 7 -
Is Elon a Musk-Have for Nigel Farage?
Reform’s former communications director is onBBC News - Jan. 5 -
Elon Musk comments on Las Vegas Cybertruck explosion
Tesla CEO Elon Musk is commenting on what he believes caused a Cybertruck to explode outside the Trump Towers in Las Vegas. This comes as more details emerge about the man who apparently rented the ...CBS News - Jan. 2
More from NBC News
-
Search for Palisades Fire's origins leads to a charred and rocky hillside
The ATF's probe into the Palisades Fire is focusing on potential human causes, which could include arson, fireworks, unauthorized camping or a rekindling of an earlier fire, sources said.NBC News - 4h -
Ride along as Cal Fire monitors Los Angeles wildfire from the sky
NBC News' Ellison Barber gets a firsthand look at the coordinated effort to battle the Los Angeles wildfires from the sky with Cal Fire.NBC News - 5h -
Los Angeles community steps up to offer wildfire victims a sense of 'normalcy'
Feeling helpless about the devastating wildfires in Los Angeles, everyone, from celebrities and influencers to normal Angelenos, have rushed to help those in need.NBC News - 6h -
Here's where insurance companies see the most risk for disasters
In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires, ...NBC News - 8h -
One of Los Angeles' two lesbian bars announces it will close permanently due to wildfires
The owners of The Ruby Fruit said their bar will shutter due to the “financial impact” of the wildfires, while lesbian bars nationwide are raising funds to help support Honey’s at Star Love.NBC News - 8h
More in Top stories
-
As Los Angeles burns, Hollywood's Oscar season turns into a pledge drive
When the Palisades Fire broke out in Los Angeles, Hollywood’s awards season was in full swingABC News - 19m -
Tourism tax 'could stop schools visiting Wales'
A few extra pounds in taxes could stop some children being able to enjoy trips in Wales, Scouts warn.BBC News - 19m -
The Papers: Kate's 'relief to be in remission' and 'Siddiq quits'
Wednesday's papers focus on the Princess of Wales entering cancer remission and Tulip Siddiq's resignation.BBC News - 19m -
Mozambique at a Crossroads as New President is Sworn In
The country has been roiled by political chaos since the October election, which led to widespread demonstrations and a deadly response by the police.The New York Times - 26m -
Bafta to announce nominations in unpredictable awards race
The ceremony, hosted by David Tennant, will take place on 16 February at the Royal Festival Hall.BBC News - 26m