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Elon Musk sued by shareholders over delay in disclosing Twitter stake

Elon Musk gestures during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., on June 13, 2019. [Reuters]

 

Elon Musk was sued on Tuesday by former Twitter Inc TWTR.N shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2% stake in the social media company.

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