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Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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Al Bawaba
December 31st, 1969 - 11:59 GMT

JORDAN

Al Bawaba
December 31st, 1969 - 11:59 GMT

Israel receives 16,000 immigrants in past 12 months

Al Bawaba
December 31st, 1969 - 11:59 GMT

Islamic Trade Fair

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