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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Elon Musk Files Motion To Dismiss SEC Lawsuit Over 2022 Twitter Stake Disclosure Violation

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Billionaire Elon Musk filed a motion on Thursday to dismiss the Securities and Exchange Commission's civil lawsuit accusing him of failing to disclose his Twitter Inc.—now rebranded as X—stake within required timeframes in 2022.

SEC Alleges $500 Million in Artificially Low Purchases

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