Musk Sued Over Failure To Initially Disclose Ownership Stake In Twitter

(April 15, 2022, 10:06 AM EDT) -- NEW YORK — A former Twitter Inc. shareholder sued Tesla founder Elon R. Musk in New York federal court on April 12, alleging that the billionaire violated federal securities law by failing to disclose that he had acquired a more than 5% ownership stake in the social media company as required....

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