Elon Musk Settles SEC Lawsuit Over Delayed Twitter Disclosures
Elon Musk has settled a civil lawsuit with the U.S. Securities and Exchange Commission (SEC) over delayed disclosures regarding his initial purchases of Twitter in 2022. A trust under Musk's name will pay a $1.5 million penalty, without admitting guilt.
Topics: Elon Musk SEC lawsuit settlement Twitter/X