Elon Musk to pay $1.5M fine to settle SEC suit over delayed Twitter disclosures

Elon Musk has agreed to pay a $1.5 million fine to settle a civil lawsuit from the U.S. Securities and Exchange Commission, which accused him of delaying disclosures related to his initial purchases of Twitter (now X).

5 May, 14:02 — 5 May, 14:02

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cbcHigh1h ago

Elon Musk to pay $1.5M fine to settle suit over delayed Twitter disclosures

Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Musk's name will pay a $1.5 million US fine.

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Elon Musk to pay $1.5M fine to settle SEC suit over delayed Twitter disclosures

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Elon Musk to pay $1.5M fine to settle suit over delayed Twitter disclosures

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