Reported about 9 hours ago
The Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, CEO of Tesla, accusing him of securities fraud for not disclosing his significant stake in Twitter, now known as X. The SEC claims this lack of disclosure allowed Musk to acquire the social media platform at unreasonably low prices. Legal expert Alexis Keenan analyzes the developments from Musk's Twitter acquisition to the SEC's lawsuit.
Source: YAHOO