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Elon Musk settles SEC lawsuit over Twitter disclosures — fined $1.5M

Elon
New York Post Fews App News Provider
Fews App Post Time há 7h

Elon Musk settled the Securities and Exchange Commission’s civil lawsuit accusing the world’s richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Musk’s name will pay a $1. 5 million civil penalty, without admitting wrongdoing.

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