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Tag: Twitter shares

US Securities Regulator sues Musk over Purchase of Twitter shares
Crime & Justice International

US Securities Regulator sues Musk over Purchase of Twitter shares

Wadh KassimJanuary 15, 2025

According to the SEC, the omission enabled Musk, the world’s richest man and a close ally of President-elect Donald Trump, to continue purchasing shares at “artificially low prices, allowing him to underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.”

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