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1 day ago · The idea that Musk "engaged in intentional securities fraud in order to save $200 million is illogical in light of Musk’s eventual $44 billion purchase of Twitter," Musk's court filing said. "It ...
12 hours ago · Elon Musk seeks to dismiss lawsuit from former Twitter shareholders over delayed stake disclosure. Shareholders claim he saved $200 million by waiting to reveal his 9.2% ownership. Musk denies fraud allegations, stating it was a mistake. SEC also looked into his Twitter stock purchases. Lawsuit led by Oklahoma pension fund.
10 hours ago · The investors argued that this delay allowed Musk to purchase more shares at lower prices, resulting in savings of over $200 million. Following Musk's disclosure of his 9.2% stake on April 4, 2022 ...
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Investors in proposed class action said Musk knew a rule required him to disclose by March 24, 2022 that he bought 5% of Twitter, yet he waited another 11 days. Elon Musk wants to dismiss a ...
1 day ago · NEW YORK : Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying ...
1 day ago · Grok is the first product from Musk's AI company xAI, which recently raised billions of dollars. Musk has been looking to prioritize his entrance into the AI race and Grok's deep integration into ...
1 day ago · Elon Musk. CEO, Tesla. $248.7B. Real Time Net Worth. as of 7/4/24. #1 in the world today. Photo by Martin Schoeller for Forbes. About Elon Musk. Elon Musk cofounded six companies,...
