The complaint said it led to him being able to buy more stock at a savings of $150 million. These rich people will screw anyone, even fellow stockholders and the general public. And some OK pension is suing him to get some of his ill gotten gain.
www.nbcnews.com
SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
According to the SEC complaint, Musk didn’t follow disclosure rules, “allowing him to underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.”
www.nbcnews.com
