Musk accuses SEC of overreach, seeks to end lawsuit over Twitter stake

Summary Musk waited 11 days too long to reveal 5% Twitter stake Musk calls lawsuit wasteful, says he meant no harm SEC says Musk violated important disclosure rules Aug 29 (Reuters) - Elon Musk has asked a federal judge to dismiss a U.S. Securities and Exchange Commission lawsuit claiming he waited too long to disclose his purchases of Twitter shares in 2022, accusing the regulator of overreaching in order to punish him for criticizing it.The SEC sued the billionaire in January, saying his 11-day delay in revealing his initial 5% Twitter stake let him buy more than $500 million worth...