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13 hours ago · The investors argued that this delay allowed Musk to purchase more shares at lower prices, resulting in savings of over $200 million. Following Musk's disclosure of his 9.2% stake on April 4, 2022 ...
Investors in proposed class action said Musk knew a rule required him to disclose by March 24, 2022 that he bought 5% of Twitter, yet he waited another 11 days. Elon Musk wants to dismiss a ...
15 hours ago · Elon Musk seeks to dismiss lawsuit from former Twitter shareholders over delayed stake disclosure. Shareholders claim he saved $200 million by waiting to reveal his 9.2% ownership. Musk denies fraud allegations, stating it was a mistake. SEC also looked into his Twitter stock purchases. Lawsuit led by Oklahoma pension fund.
14 hours ago · Elon Musk denied fraud allegations in a July 3 SEC filing, asserting no ill intent in his delayed disclosure of acquiring a significant Twitter stake. Former shareholders are suing, alleging ...
16 hours ago · In a recent filing in Manhattan federal court, X chairman Elon Musk has requested for the dismissal of a lawsuit brought by former Twitter shareholders who allege that Musk delayed revealing his substantial ownership stake in the social media company in early 2022. Musk argued that “all indications” point to his delay being an unintentional […]
16 hours ago · Billionaire Elon Musk has requested former Twitter shareholders to dismiss a lawsuit alleging that he refused to disclose his substantial ownership stake in early 2022. Musk said the delay wasn’t intentional and that “all indications” didn’t mean to swindle the shareholders. It was stated in a recent filing in Manhattan federal court.
6 hours ago · — Elon Musk (@elonmusk) July 5, 2024 Zuckerberg's video's success cannot be denied. It went viral on Instagram, amassing over 900,000 likes and millions of views.
