{"id":5347,"date":"2022-04-13T01:39:00","date_gmt":"2022-04-12T23:39:00","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/04\/13\/twitter-investor-sues-elon-musk-for-failure-to-promptly-disclose-his-shares\/"},"modified":"2022-04-13T01:39:00","modified_gmt":"2022-04-12T23:39:00","slug":"twitter-investor-sues-elon-musk-for-failure-to-promptly-disclose-his-shares","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/04\/13\/twitter-investor-sues-elon-musk-for-failure-to-promptly-disclose-his-shares\/","title":{"rendered":"Twitter investor sues Elon Musk for failure to promptly disclose his shares"},"content":{"rendered":"<p>Musk took several weeks to reveal his stake, violating federal law requiring disclosure within 10 days<\/p>\n<p>A Twitter shareholder is suing Elon Musk for failing to disclose that he had bought a substantial stake in the company, affecting share prices.<\/p>\n<p>The Tesla CEO revealed on 4 April that he had acquired a 9.2% stake in Twitter. Shares in the social media company soared, as investors viewed the move as a vote of confidence from the richest man in the world.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/apr\/12\/elon-musk-twitter-lawsuit-shares\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/0d05fda23e2808a8f9f10906ef63570e90885d62\/0_29_5053_3032\/master\/5053.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=189757914c6fc0727b312a3520d17880\" title=\"Twitter investor sues Elon Musk for failure to promptly disclose his shares\" \/>Musk took several weeks to reveal his stake, violating federal law requiring disclosure within 10 days<br \/>\nA Twitter shareholder is suing Elon Musk for failing to disclose that he had bought a substantial stake in the company, affecting share prices.<br \/>\nThe Tesla CEO revealed on 4 April that he had acquired a 9.2% stake in Twitter. Shares in the social media company soared, as investors viewed the move as a vote of confidence from the richest man in the world. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Musk took several weeks to reveal his stake, violating federal law requiring disclosure within 10 days A Twitter shareholder is suing Elon Musk for failing to disclose that he had bought a substantial stake in the company, affecting share prices. The Tesla CEO revealed on 4 April that he had acquired a 9.2% stake in &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/04\/13\/twitter-investor-sues-elon-musk-for-failure-to-promptly-disclose-his-shares\/\"> <span class=\"screen-reader-text\">Twitter investor sues Elon Musk for failure to promptly disclose his shares<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":5348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5347"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=5347"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/5348"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=5347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=5347"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=5347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}