US market watchdog sues Musk for hiding stakes in Twitter, buying it at 'artificial lower price'
The US's Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, 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'
The US's Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, 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'
