5 outlets·5 reports
Trump SEC lets Musk settle $150 million Twitter lawsuit for $1.5 million
ThinkingNews Desk · how this was written
Elon Musk has agreed to pay $1.5 million to settle the Securities and Exchange Commission’s allegations that he failed to disclose his ownership of more than a 5 percent stake in Twitter. The payment resolves the SEC’s Twitter-disclosure case and represents the maximum penalty allowed for the violation.
Written from all 5 reports below, not from any single one.
How it was reported
- TechMeme·Elon Musk agrees to pay $1.5M to settle SEC allegations that he cheated Twitter shareholders in 2022 by failing to disclose the 5%+ stake he had in the company (Nicola M White/Bloomberg)
- Engadget·Elon Musk settles with the SEC for $1.5 million after years-long dispute over his Twitter investment
- The Verge·Elon Musk will settle the feds’ Twitter lawsuit with pocket change
- The Next Web·Musk settles SEC Twitter-disclosure case for $1.5m, the maximum penalty for the violation
- Ars Technica·Trump SEC lets Musk settle $150 million Twitter lawsuit for $1.5 million
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