US SEC sues Musk for not cooperating in Twitter probe
Shortpedia
Content Team
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The US Securities and Exchange Commission (SEC) is taking legal action against Elon Musk, after the billionaire said he would no longer cooperate with SEC's investigation into his $44 billion acquisition of Twitter, now called X. The probe focuses on whether Musk broke federal securities laws in 2022 while buying Twitter stock and making statements and SEC filings related to the transaction.
