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SEC sues Musk over untimely beneficial ownership disclosure during Twitter stock buys    

Picture of Elon Musk's X profile
Photo: Anna Barclay/Getty Images

Alexander Barzacanos

1 min read
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The 11th-hour lawsuit accused Musk of failing to disclose his stake in Twitter in a timely manner as he attempted to buy the company in 2022.

The SEC sued Elon Musk, accusing him of failing to file a beneficial owner report within ten days of acquiring 5% of outstanding Twitter common stock on March 14, 2022, as required by Section 13(d) of the Exchange Act.  

Musk instead filed the report 11 days late on April 4, at which

The SEC

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