The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.

The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known as Twitter), on January 14 in a federal court in Washington, D.

The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.

Elon Musk is facing a lawsuit from the SEC for allegedly not properly disclosing his ownership of Twitter, which allowed him to acquire shares at lowe

New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism than enforcement, but ensures his term won't end with a court's dressing-down of the agency.

14 (UPI) --The U.S. Securities and Exchange Commission is suing Elon Musk for ... The SEC complaint is requesting Musk, who also owns SpaceX and Tesla, turn over his "unjust" profits and pay ...

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The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul ­Atkins, and his enforcement staff that investigated the matter if ­Atkins raises these issues and looks to dismiss or impose a slap-on-the-wrist penalty.

Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter,

Tesla stock was up in premarket trading Wednesday as investors were forced to consider—again—what conflict between CEO Elon Musk and the Securities and Exchange Commission means for shares of his electric-vehicle maker.

The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.