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Regulators are investigating Elon Musk’s late disclosure of his Twitter stake
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WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter, according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership.
The Securities and Exchange Commission is probing Musk’s tardy submission of a public form that investors must file when they buy more than 5% of a company’s shares, the people said. The disclosure functions as an early sign to shareholders and companies that a significant...
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Elon Musk says $44bn Twitter deal is on hold fnlondon.com /2 years ago
Elon Musk says $44bn Twitter deal is on hold fnlondon.com /2 years ago
Twitter takeover ‘temporarily on hold’, says Elon Musk theguardian.com /2 years ago
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