Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

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Channel News Asia Malesia 1h

Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

WASHINGTON/NEW YORK, May 4 : Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Musk's name will pay a $1.5 million civil penalty, with»»»

channelnewsasia.com
TheStraitsTimes Singapore 2h

Elon Musk settles US SEC lawsuit over Twitter disclosures, to pay $1.9 million penalty

WASHINGTON/NEW YORK - Elon Musk settled the US Securities and Exchange Commission’s civil lawsuit accusing the world’s richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Mr Musk’s name will pay a US$1.5 million (S$1.9 million) civil p»»»

straitstimes.com
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