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Lawsuit accuses Elon Musk of breaking law while buying Twitter stock

The complainant has accused Musk of violating a regulatory deadline to reveal he had accumulated a stake of at least 5%.
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Musk accused of failing to declare 9.2% Twitter stake on time

Musk declared on April 4 that he had snapped up a 9.2% stake in Twitter. But US laws mean anyone who has bought a stake worth more than 5pc in a company must alert the authorities within 10 days. ....

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Elon Musk accused of breaking law while buying Twitter stock


SAN FRANCISCO (AP) Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colourful billionaire illegally delayed disclosing his stake in the so. ....

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