Elon Musk and SEC seek settlement in Twitter stock case
Elon Musk and the SEC are in talks to settle a lawsuit over his 2022 Twitter share disclosures. A resolution would end the need for further court proceedings.
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Elon Musk and the United States Securities and Exchange Commission (SEC) are in discussions to resolve a lawsuit regarding the billionaire's delayed disclosure of his 2022 Twitter share purchases. The regulator has alleged that the Tesla, Inc. chief executive failed to notify the public in a timely manner as he built his stake in the social media platform.
