Elon Musk is hit with a class action lawsuit over his Twitter investment

Elon Musk has only been Twitter's largest shareholder for a few weeks, but he's already facing a class action lawsuit over his handling of the investment. A Twitter shareholder has filed a class action lawsuit against Musk over his 11-day delay in officially disclosing his investment in Twitter to the SEC. Under securities law, Musk was required to file paperwork with the SEC by March 24th -- 10 days after his stake in Twitter grew to 5 percent -- but he didn't do so until April 4th. That delay ...