The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.
Next time you want to bitch about everything Trump taking legal years:
My case is about 5 years old now, I have been going through the legal process the whole time I’ve been working on this. I have finally been found guilty and sentenced, and I’m going away next month.
Didn’t the deal close in 2022?
Yes, and this lawsuit follows a whole series of other actions by the SEC. It may seem like a long time, but due process was followed.
My own post:
It took me a second to figure out what you were referring to, but yeah, that’s a case in point.