The Securities and Exchange Commission files a federal lawsuit against Patrick Orlando, former CEO and Chairman of Digital World Acquisition Corporation, alleging securities fraud in connection with DWAC’s initial public offering and proposed merger with Trump Media. The SEC alleges Orlando …
Securities and Exchange CommissionPatrick OrlandoDigital World Acquisition CorpTrump Media & Technology Groupsec-lawsuitpatrick-orlandosecurities-frauddwactrump-media+1 more
Digital World Acquisition Corp (DWAC) terminated CEO Patrick Orlando’s employment, citing “unprecedented headwinds” that necessitated a leadership change. The board appointed Eric Swider as interim CEO after investigations by the SEC and federal prosecutors into potential …
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Trump announces Truth Social through Trump Media & Technology Group, with financial backing from Patrick Orlando who also serves as CEO of Wuhan-based Yunhong International
Donald TrumpPatrick OrlandoTrump Media & Technology GroupYunhong InternationalDigital World Acquisition Corptruth-socialchinese-connectionsforeign-influencemedia-controlfinancial-conflicts
Digital World Acquisition Corp (DWAC), a special purpose acquisition company, announced its agreement to merge with Trump Media & Technology Group Corp (TMTG), bringing Trump’s Truth Social platform public. The announcement triggered massive trading volume and price volatility, with DWAC …
Donald TrumpDigital World Acquisition CorpTrump Media & Technology GroupSECBruce Garelick+1 morespac-fraudtruth-socialdwacregulatory-capturetrump-media+1 more