May 4 (UPI) -- Elon Musk on Monday settled a lawsuit filed against him by the Securities and Exchange Commission for $1.5 million after the agency accused him of breaking securities laws. The SEC alleged in January 2025 that Musk cost Twitter shareholders $150 million because he delayed disclosing his purchase of more than 5% of shares in the company within the 10 days required by law. Musk's purchase of Twitter led to a series of lawsuits because of how he purchased the company, which has

Tag-uri: Twitter