Elon Musk Summoned in SEC Case Over Twitter Stake Disclosure

Reported about 21 hours ago

Elon Musk has been issued a summons related to the SEC lawsuit accusing him of delaying the disclosure of his significant stake in Twitter by 11 days, which violated federal securities law. The summons was served at SpaceX's headquarters in Texas, and he must respond by April 4. The SEC claims Musk failed to report his 5% ownership within the required 10 days.

Source: YAHOO

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