Elon Musk sued by shareholders over delay in disclosing Twitter stake

April 13, 2022 7:14 AM

NEW YORK (REUTERS) – Elon Musk was sued on Tuesday (April 12) by former Twitter shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2 per cent stake in the social media company.

Source : https://www.straitstimes.com/business/companies-markets/elon-musk-sued-by-shareholders-over-delay-in-disclosing-twitter-stake