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Musk Sued by SEC for Cheating Twitter Shareholders
Posted
January 15, 2025
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5,629
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January 15, 2025
5,629
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1:10Now PlayingThe US Securities and Exchange Commission accused Elon Musk of cheating Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, according to a lawsuit. Musk's lawyer claims the lawsuit is a "sham" and that Musk did nothing wrong. Bloomberg's Bill Faries reports.
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