Elon Musk has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle allegations related to his disclosure of Twitter share ownership. The SEC accused Musk of failing to timely disclose when his stake in Twitter surpassed 5% during the 2022 acquisition process. Musk settled without admitting to the allegations.
Elon Musk Settles SEC Allegations Over Twitter Stake Disclosure for $1.5 Million
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