Musk, Morgan Stanley 'Hid' Twitter Stock Purchases, Lawsuit Says.

Elon Musk is facing a shareholder lawsuit alleging that he acquired a major stake in Twitter with the help of a Morgan Stanley banker who advised him on how to avoid alerting the broader market. The lawsuit claims that Musk's delay in disclosing his ownership artificially kept Twitter's share price down. Musk has argued that the suit has no legal merit and is an attempt to exploit the attention around him. The case is currently being investigated by the US Securities and Exchange Commission. [Extracted from the article]