Patrick-Orlando

SEC Files Securities Fraud Lawsuit Against Former DWAC CEO Patrick Orlando

2024-07-17 00:00:00 +0000 UTC | Importance: 9/10

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 …

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Digital World Acquisition Corp Fires CEO Patrick Orlando Amid SEC Investigation

2023-03-22 00:00:00 +0000 UTC | Importance: 8/10

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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