Elon Musk agrees to pay $1.5m over Twitter share buying
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Elon Musk on Monday 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 $44 billion takeover of the social media platform in 2022.
Musk’s trust will pay a $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
Musk’s trust will pay a $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
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