S.E.C. Settles Lawsuit Against Elon Musk Over His Twitter Disclosures
The Securities and Exchange Commission reached a $1.5 million settlement with Elon Musk on Monday in a lawsuit that accused the world’s richest person of breaking securities law during his purchase of Twitter, now called X. The S.E.C. had said Mr. Musk hid purchases of the social media company’s stock in 2022 and did not…