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The U.S. Securities and Exchange Commission says Musk failed to disclose his ownership of Twitter stock in a timely manner before buying the site and underpaid by $150 million for shares he bought.
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S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations The New York TimesSEC sues Elon Musk, alleging failure to properly disclose Twitter ownership CNBCSEC Sues Elon Musk, Accuses Billionaire of Failure to Disclose Twitter Stock Buys Rolling StoneUS markets watchdog sues Musk over Twitter stake disclosure BBC.com
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