Elon Musk faces allegations of breaking securities laws, Twitter share manipulation - Newshub


4/5/2022 12:00:00 AM3 yearsago

The controversial CEO should have declared his interest earlier than he did.

US securities law requires disclosure within 10 days of acquiring five percent of a company, which in Musk's case would be March 24. A late report could lead to a per-violation civil penalty of up t… [+3425 chars]

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