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April 13, 2022 09:00 pm GMT

Elon Musk Faces Class Action Over Twitter Shares & Delayed SEC Filing

Tesla and SpaceX founder Elon Musk is reportedly facing a class-action lawsuit, filed after Mr. Musk failed to file the proper paperwork with the U.S. Securities and Exchange Commission (SEC). The paperwork, pursuant to Section 13d of the Exchange Act and SEC rule 13d-1 is required within 10 days of a shareholder gaining 5-percent ownership [...]

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The post Elon Musk Faces Class Action Over Twitter Shares & Delayed SEC Filing appeared first on Android Headlines.


Original Link: https://www.androidheadlines.com/2022/04/elon-musk-twitter-class-action-lawsuit-over-sec-filing.html

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