March 03, 2026
A former Trump business associate will have to face a U.S. Securities and Exchange lawsuit over his failure to disclose his SPAC's merger discussions with the president's media company to investors in 2021, after a Washington, D.C., federal judge denied his motion to dismiss the complaint.
December 16, 2025
A former Trump business associate appeared unlikely to win early dismissal of a U.S. Securities and Exchange Commission suit accusing him of hiding advanced merger discussions with the president's media company from SPAC investors in 2021, as a federal judge wondered Tuesday how the talks could be considered immaterial.
August 05, 2025
The former CEO of the special-purpose acquisition company that took President Donald Trump's social media platform public has renewed his bid to dismiss the U.S. Securities and Exchange Commission's suit alleging he failed to timely alert investors to the prospective deal after settlement talks broke down.
April 24, 2025
The former CEO of the special purpose acquisition company that took President Donald Trump's social media platform public has reached a deal to end a U.S. Securities and Exchange Commission case accusing him of failing to timely alert investors to the prospective deal.
July 17, 2024
The U.S. Securities and Exchange Commission on Wednesday accused the former CEO of Digital World Acquisition Corp. of falsely representing that the special purpose acquisition company had no potential merger targets when he was actually personally discussing a merger with former President Donald Trump's social media company.