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Technology
Musk settles SEC Twitter-disclosure case for $1.5m, the maximum penalty for the violation
May 5, 2026
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After four years of litigation, Elon Musk has agreed to pay a 1.5m civil penalty over his late 2022 Twitter stake disclosure. The harm to other shareholders, the SEC alleged, was 150m. Elon Musk has, after nearly four years of litigation, settled the Securities and Exchange Commission’s case against him over his late disclosure of [] This story continues at The Next Web
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