Elon Musk settles with SEC for $1.5M in Twitter stock disclosure case
Elon Musk agreed to pay a $1.5 million civil penalty to settle an SEC lawsuit over delayed disclosure of his initial purchases of Twitter (TWTR) stock, which allowed him to save approximately $150 million by buying more shares at lower prices.
Tickers: $TSLA
Topics: Elon Musk SEC lawsuit stock disclosure laws Twitter (X)