Jan 14 (Reuters) - Elon Musk was sued on Tuesday by the

U.S. Securities and Exchange Commission for having failed to

timely disclose purchasing more than 5% of Twitter's common

stock in March 2022.

In a complaint filed in Washington, D.C., federal court, the

SEC said the delay allowed Musk to continue buying Twitter

shares at artificially low prices, allowing him to underpay by

at least $150 million.