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SEC Sues Musk for Not Disclosing Twitter Purchase

The Information · Scott Thurm · last updated

The Securities and Exchange Commission sued Elon Musk in federal court in Washington, D.C., for not properly disclosing a major purchase of Twitter shares ahead of his takeover of the social media company, Bloomberg reported.

In a statement, Alex Spiro, a lawyer for Musk, said Musk “has …

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