The Department of Labor on Jan. 16 unveiled a rule proposal aimed at providing a roadmap for employers to more accurately value employee stock ownership plans. Governed by Employee Retirement ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his alleged failure to provide financial statements about his stock ownership before purchasing the social media company ...
At this point, the complaint says, he was required by law to disclose his ownership ... with Musk’s purchases of Twitter stock and his statements and SEC filings related to the company.
The Tesla and SpaceX CEO is accused of failing to disclose ownership of a significant amount of stock in Twitter before he bought the company. Musk’s inability to provide this information ...