US government sues Elon Musk over Twitter stock

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http://independent.co.uk/tech/elon-musk-twitter-stock-lawsuit-sec-b2679748.html
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The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site. As a result, the SEC alleges, Musk, now a confidant of president-elect Donald Trump, was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares. Musk bought Twitter in October 2022 and later renamed it X. Musk started amassing Twitter...