{"id":2289639,"date":"2024-07-05T16:55:59","date_gmt":"2024-07-05T20:55:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/musk-calls-for-judge-to-dismiss-lawsuit-brought-by-x-shareholders-washington-examiner\/"},"modified":"2024-07-05T16:58:45","modified_gmt":"2024-07-05T20:58:45","slug":"musk-calls-for-judge-to-dismiss-lawsuit-brought-by-x-shareholders-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/musk-calls-for-judge-to-dismiss-lawsuit-brought-by-x-shareholders-washington-examiner\/","title":{"rendered":"Musk calls for judge to dismiss lawsuit brought by X shareholders – Washington Examiner"},"content":{"rendered":"

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The article discusses<\/a> how\u200b Elon Musk has requested a federal judge in New York to dismiss a lawsuit brought against him by shareholders of X, who accuse him\u200c of waiting too long to disclose his purchase of a large financial stake<\/a> in the social media\u2064 company<\/a>, now known as \u2064Twitter. Musk\u2062 claims that\u200c he misunderstood the \u2064Securities and Exchange Commission\u2019s disclosure rule and thought it wasn’t required until the end of 2022. Investors \u200cclaim that Musk intentionally defrauded them by waiting past the deadline to disclose his stake. Musk had 10 days to disclose his stake but filed with the SEC three weeks later. <\/p>\n

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