Elon Musk received court summons in SEC suit over failure to properly disclose Twitter stake

Elon Musk received a court summons last week related to the SEC’s lawsuit over his alleged failure to disclose Twitter stock purchases before bidding to buy the company in 2022. The summons was delivered to Musk at SpaceX’s headquarters in Texas, where security guards refused to accept the documents. The SEC claims Musk underpaid by at least $150 million for shares he purchased after failing to disclose his holdings, with a response due by April 4.

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