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Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed
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Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

Home/India Tech/Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

Elon Musk has settled a civil lawsuit with the US Securities and Exchange Commission. The case involved his delayed disclosure of initial purchases in Twitter, now known as X. A trust in Musk's name will pay a $1.5 million fine. Musk did not admit wrongdoing. This settlement concludes a long-standin

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