Musk agrees to pay US$1.5 million over Twitter share buying

Știință și Tehnologie

WASHINGTON: Elon Musk on Monday (May 4) agreed to pay a small amount to end a government lawsuit that accused him of breaking stock market rules when he was secretly buying up shares of Twitter before his US$44 billion takeover of the social media platform in 2022. Musk's trust will pay a US$1.5 million fine under the deal, which was filed in a Washington federal court and still needs a judge's approval. The case involves Musk's missing a statutory deadline for notifying regulators as he bought

Tag-uri: Twitter

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Elon Musk will settle the feds’ Twitter lawsuit with pocket change https://www.theverge.com - 04.05.2026 22:11
Elon Musk will settle the feds’ Twitter lawsuit with pocket change https://www.theverge.com/ - 04.05.2026 22:11