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SEC v. Musk (Twitter stake disclosure) securities case

Brought by

US Securities and Exchange Commission

v.

Defendants

Elon Musk

The SEC alleged Musk filed late disclosure of his Twitter stake in 2022, letting him buy shares at artificially low prices.

The case

Court
US District Court, District of Columbia
Docket
1:25-cv-00105
Filed
Jan 14, 2025
Status
SettledConsent judgment against the Musk revocable trust filed May 2026; claims against Musk personally to be dismissed.
Outcome
Musk's revocable trust agreed to a $1.5 million civil penalty to resolve the case.
Amount
$1.5 million

History

5 dated entries
RulingJul 8 · 4mo agoJUDGMENT. See [59-1] for details
RulingJul 8 · 4mo agoORDER granting the Parties' 48 Motion for Entry of Final Judgment and the Plaintiff's 55 Motion to Modify Proposed Final Judgment, and denying as moot Elon Musk's 45 Motion for JoiSource
RulingJul 8 · 4mo agoJUDGMENT. See 59 -1 for details
HearingMay 13 · 6mo agoMinute Entry for Status Conference held before Judge Sparkle L. Sooknanan on May 13, 2026
FilingJan 14, 2025 · 22mo agoComplaint filed: SECURITIES AND EXCHANGE COMMISSION v. MUSKSource
SecuritiesActiveNov 17 · in 8dIn re Seagate Technology Holdings plc Securities LitigationOn July 10, 2023 and July 26, 2023, two securities class action lawsuits were filed in the U.S. District Court for the Northern District of California against Seagate Technology Holdings plc, Dr.Final approval motion hearingN.D. Cal.filed Jul 2023SecuritiesActiveMay 20, 2027 · in 6moIn re NVIDIA Corporation Securities LitigationLitigation Securities Class Action and Derivative Lawsuits The plaintiffs in the putative securities class action lawsuit, captioned 4:18-cv-07669-HSG, initially filed on December 21, 2018 in the United States District Court for the Northern District of…Motion hearingN.D. Cal.filed Dec 2018SecuritiesActiveUnverifiedfiled Sep 2026Talbot sued v. AppLovin CorporationSued under the Securities Exchange Act.N.D. Cal.SecuritiesActiveUnverifiedfiled Aug 2026Bruce sued v. Intuit Inc.Sued under the Securities Exchange Act.N.D. Cal.SecuritiesActiveUnverifiedfiled Aug 2026In Re Soundhound Ai, INC. Demand Refused Derivative LitigationSued under the Securities Exchange Act.N.D. Cal.SecuritiesActivefiled Jul 2026Baldwin sued v. Intuit Inc.On July 10, 2026 and August 17, 2026, two purported shareholder class actions were filed in the United States District Court for the Northern District of California against the Company and certain members of management.N.D. Cal.SecuritiesActiveUnverifiedfiled May 2026Smith sued v. Snowflake, Inc.Sued for securities fraud.N.D. Cal.SecuritiesActiveUnverifiedfiled Apr 2026The Arbitrage Fund sued v. Activision Blizzard, Inc.Sued under the Securities Exchange Act.D. Del.
Caption and links

SECURITIES AND EXCHANGE COMMISSION v. MUSK

Full docket on CourtListener