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Musk Accused by SEC of Cheating Twitter Investors Out of Millions
News January 15, 2025 at 11:37 AM
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What You Need To Know
- Elon Musk cheated Twitter shareholders out of more than $150 million, according to the agency.
- The billionaire failed to report that he had amassed more than 5% of the social-media platform’s stock in early 2022.
- The SEC lawsuit was filed days before the Trump administration takes over.
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