A shareholder has sued Musk. The lawsuit claims that the delay in revealing the CEO's stake to the SEC hurt the share price. A request for comment was not returned by Musk. Musk is accused of keeping the share price down by not revealing his stake in the company soon enough. The lawsuit was filed in Manhattan federal court. The suit claims that Musk did not reveal his stake in the micro-messaging service until April 4. The company&s share price went up 27% when Musk disclosed his stake. Musk had 10 days to notify the SEC of his stake after it surpassed the 5% threshold. The lawsuit argues that investors who sold stock between March 24 and April 4 lost out on gains if Musk had disclosed his stake earlier. Musk was able to continue buying shares of Twitter at a reduced price because he delayed his disclosure. Between March 24 and April 1 a group of investors sold their shares in the micro-messaging service. A request for comment was not returned by Musk. The lawsuit is the latest development in a dramatic saga that has unfolded since Musk went public about his 9.1% stake in Twitter, a platform on which he has more than 80 million followers. The investment makes Musk the company's largest individual shareholder, and he said he looked forward to making significant changes as a member of the company's board of directors. Parag Agrawal said on Sunday that Musk wouldn't be joining the board after all. The original article is on Business Insider. Sinema was against raising tax rates on wealthy Americans. McConnell thinks that will hurt Democrats. The 2015 TED talk, in which Gates said the world was not ready for the next epidemic, has more than 36 million views today. Few know that Amazon has millions of Prime subscribers. On the latest episode of the show, Hardwicke spoke about the fans reaction to the casting of Robert Pattinson. Yahoo Finance Live looks at the impact of Musk opting out of joining the board on other social media stocks and the outlook of his influence on the platform going forward. The actress shared that she was 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 800-273-3217 You can find and compare your legal options online. Ben and Jen were married for 13 years. She feels about his second engagement. Law enforcement officials called for the release of dash cam video of the fatal police shooting of a black man in Michigan. The governing body of international motor sport is investigating Artem Severiukhin, a 15-year-old Russian go-kart driver, for making a Nazi salute after his victory in the first round of the FIA Karting European Championship in Portimao, Portugal. Russian competitors have been banned from competing in Formula One and other sports by the Fédération Internationale de l'Automobile because of the invasion of Ukraine. A man builds a trap to catch a thief. Smith's former rap partner said he should have hit people but didn't. The restaurant at the Contemporary Resort is family-friendly and serves breakfast, lunch, and dinner. Congressional Democrats say the U.S. and its allies will not tolerate Russia's use of such weapons, while the Organization for the Prohibition of Chemical Weapons said it is closely monitoring the matter. He believes that the new technology could be 2,000X bigger than the current one. Heard is a profoundly troubled person, while her legal team says he is obsessed with revenge. Maybe you should turn your camera on. Most executives assume that workers on Zoom are disengaged and see poor performance at their current job just around the corner. He went to the ER with a bad eye and headaches. He was in a coma for months after he had a seizure. This all-natural sleep patch is changing the way we sleep. Every morning, wake up more refreshed. Over the course of 15 years, the Feinbergs took $5 million from investors and claimed to be on the verge of a breakthrough. Mexican truck drivers are blocking key U.S. border crossings in protest of the Texas governor's inspection mandate. After the Russia invasion, Viktor Medvedchuk escaped house arrest. The 10 least reliable cars are ranked by their reliability score. There are no exceptions for rape or incest in the near-total ban on abortion. Several factors are taken into account when restaurants set prices. The cost of goods and labor used to make and serve food is the first thing that comes to mind. The only player who will be in the MLB Hall of Fame class in the year 2022, and he couldn't have done it without bench press and whiskey.Business Insider
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