Shareholders sued Musk for failing to disclose his shareholding in Twitter

A Twitter shareholder has filed a federal securities class action lawsuit against Tesla CEO Elon Musk, alleging that Musk failed to disclose his 5% investment in the social media platform when he was required to do so. According to the complaint, the delay allowed Musk to buy more Twitter shares at a lower price, allowing … Continue reading Shareholders sued Musk for failing to disclose his shareholding in Twitter