May 31, 2022 Sophia Vida
Company News

SEC Investigates Elon Musk as Twitter Shareholders Start Class Action Lawsuit

Elon Musk is in hot waters as he faces a class-action lawsuit and an SEC investigation. The billionaire has been accused by Twitter shareholders of violating California corporate laws on several fronts, and in doing so engaged in market manipulation. Since Musk’s acquisition bid, Twitter’s share price has dropped more than 12%, and Tesla’s is … Continue reading “SEC Investigates Elon Musk as Twitter Shareholders Start Class Action Lawsuit”