Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.
The SEC and Elon Musk agreed to settle a lawsuit filed last year by the regulator against the world's richest person. Musk was sued by the SEC for allegedly violating securities law in the run-up to ...
A California jury on Friday largely sided with Twitter shareholders who accused billionaire Elon Musk of making false statements and intentionally driving down the social media company’s stock ahead ...