City A.M.

Elon Musk settles lawsuit over Twitter takeover for $1.5m

Guardian

Elon Musk settles SEC lawsuit over Twitter purchase and agrees to pay $1.5m fine

New York Post

Elon Musk settles SEC lawsuit over Twitter disclosures — fined $1.5M

The Epoch Times

Elon Musk Reaches $1.5 Million Settlement With SEC Over Twitter Stake

Court Listener

ONSENT MOTION FOR ENTRY OF FINAL JUDGMENT AS TO DEFENDANT ELON MUSK REVOCABLE TRUST DATED JULY 22, 2003

CONSENT OF DEFENDANT ELON MUSK REVOCABLE TRUST DATED JULY 22, 2003

Complaint  #1 in SECURITIES AND EXCHANGE COMMISSION v. MUSK (D.D.C., 1:25-cv-00105)  CourtListener.com

Memorandum in Support of Defendant's Motion to Strike and Dismiss  #16, Att. #1 in SECURITIES AND EXCHANGE COMMISSION v. MUSK (D.D.C., 1:25-cv-00105)  CourtListener.com

mitchellvii

Market Watch

Elon Musk gets just a slap on the wrist as he settles Twitter lawsuit

Jury Verdict  #538 in Giuseppe Pampena v. Elon R.Musk (N.D. Cal., 3:22-cv-05937)  CourtListener.com

BBC News

Elon Musk misled Twitter investors, jury finds

Fox Business

Elon Musk misled Twitter investors ahead of acquisition, jury says

Elon Musk misled Twitter shareholders ahead of acquisition in 2022, jury finds

Metaculus

Elon Musk Becomes World's First Trillionaire

Elon Musk's revocable trust agreed to pay a $1.5 million civil penalty to settle a Securities and Exchange Commission lawsuit alleging he violated federal securities laws by delaying disclosure of his Twitter stake in 2022, without admitting wrongdoing.

Elon Musk's revocable trust agreed to pay a $1.5 million civil penalty to settle a Securities and Exchange Commission lawsuit alleging he violated federal securities laws by delaying disclosure of his Twitter stake in 2022, without admitting wrongdoing.

The SEC alleged Musk crossed the 5 percent Twitter ownership threshold on March 14, 2022, triggering a 10-day filing deadline, but did not disclose his holdings until April 4, 2022 — 11 days late — by which point he held more than 9 percent of the company's stock.

The SEC alleged Musk crossed the 5 percent Twitter ownership threshold on March 14, 2022, triggering a 10-day filing deadline, but did not disclose his holdings until April 4, 2022 — 11 days late — by which point he held more than 9 percent of the company's stock.

The SEC said the delayed disclosure allowed Musk to purchase more than $500 million in Twitter shares at artificially low prices, enabling him to underpay by at least $150 million for shares acquired after his beneficial ownership report was due.

The SEC said the delayed disclosure allowed Musk to purchase more than $500 million in Twitter shares at artificially low prices, enabling him to underpay by at least $150 million for shares acquired after his beneficial ownership report was due.

The $1.5 million civil penalty is the largest in SEC history for the type of violation Musk was accused of, according to a person familiar with the settlement. The SEC's effort to recoup the full $150 million may have been difficult to prove in court.

The $1.5 million civil penalty is the largest in SEC history for the type of violation Musk was accused of, according to a person familiar with the settlement. The SEC's effort to recoup the full $150 million may have been difficult to prove in court.

The SEC filed the lawsuit on Jan. 14, 2025, six days before President Joe Biden left office. Under current SEC Chair Paul Atkins, who replaced Gary Gensler in April 2025, the regulator has been refocusing its enforcement priorities.

The SEC filed the lawsuit on Jan. 14, 2025, six days before President Joe Biden left office. Under current SEC Chair Paul Atkins, who replaced Gary Gensler in April 2025, the regulator has been refocusing its enforcement priorities.

Under the settlement terms, once a court approves the proposed final judgment against the Elon Musk Revocable Trust, the SEC will file a stipulated dismissal of Musk in his personal capacity, resolving the case in its entirety.

Under the settlement terms, once a court approves the proposed final judgment against the Elon Musk Revocable Trust, the SEC will file a stipulated dismissal of Musk in his personal capacity, resolving the case in its entirety.

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Musk Pays $1.5M to Settle SEC Twitter Stake Lawsuit

United States of America

Lawsuits

Musk Pays $1.5M to Settle SEC Twitter Stake Lawsuit

Musk Pays $1.5M to Settle SEC Twitter Stake Lawsuit

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