
The complaint alleges that Elon Musk “failed to timely file with the SEC a beneficial ownership report” which discloses his purchase of Twitter shares before he announced his ownership of the company. Also Read: Union Budget: 25 key terms you must know before Nirmala Sitharaman's speech Elon Musk had started acquiring Twitter shares in early 2022, and by March that year, he ended up owning more than 5% of the social media giant, news agency Associated Press reported. The SEC's complaint says Musk was required by law to disclose his...