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Biden SEC Sues Musk Over Twitter Purchase In 11th Hour "Sham"
Biden SEC Sues Musk Over Twitter Purchase In 11th Hour "Sham" The US Securities and Exchange Commission (SEC) has sued Elon Musk in connection to his $44 billion purchase of Twitter (now X) in October 2022.  In a Tuesday press release, the agency claims that by delaying the filing of a beneficial ownership report by 11 days, Musk saved $150 million, or 0.34% on several subsequent tranches of stock he bought before filing the disclosure on April 4, 2022. According to the agency,
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