Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed
By Jonathan Stempel, Douglas Gillison and Chris Prentice WASHINGTON/NEW YORK, May 4 (Reuters) - Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X.