US Appeals Court Says Trump Can Be Sued Over Jan. 6, 2021 U.S. Capitol Riot
Portfolio Pulse from Benzinga Newsdesk
A US Appeals Court has ruled that former President Donald Trump can be sued for his role in the January 6, 2021, U.S. Capitol riot. This decision could have legal and financial implications for Trump and potentially affect the entities associated with him.
December 01, 2023 | 3:11 pm
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The ruling that Trump can be sued over the Capitol riot may negatively impact investor sentiment towards Digital World Acquisition Corp. (DWAC), given its association with Trump's planned social media platform.
The ruling against Trump may lead to concerns about the stability and future prospects of his business ventures, including the planned social media platform that DWAC is involved with. This could result in a decrease in investor confidence and a potential drop in DWAC's stock price in the short term.
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