{"id":895973,"date":"2025-01-15T09:14:07","date_gmt":"2025-01-15T03:44:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=895973"},"modified":"2025-01-15T09:31:48","modified_gmt":"2025-01-15T04:01:48","slug":"elon-musk-sued-by-us-securities-regulator-over-late-twitter-stake-disclosure","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/15\/elon-musk-sued-by-us-securities-regulator-over-late-twitter-stake-disclosure\/","title":{"rendered":"Elon Musk sued by US Securities regulator over late Twitter stake disclosure"},"content":{"rendered":"<p>The US 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.<\/p>\n<p>As a result, the SEC alleges, Musk was able to underpay \u201cby at least USD 150 million\u201d for shares he bought after he should have disclosed his ownership of more than 5 per cent of Twitter&#8217;s shares. Musk bought Twitter in October 2022 and later renamed it X.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US 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 was able to underpay \u201cby at least USD 150 million\u201d for shares he bought after he should have disclosed his ownership of more than 5 per cent of Twitter&#8217;s shares. Musk bought Twitter in October 2022 and later renamed it X.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[91,4,24],"tags":[],"class_list":["post-895973","post","type-post","status-publish","format-standard","hentry","category-it-2-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/895973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=895973"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/895973\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=895973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=895973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=895973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}