Investors accuse the ex-CEO of the company that helped take Trump Media public of stiffing them out of millions of shares
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Investors have accused Patrick Orlando, the former CEO of the blank check firm that facilitated Trump Media's public listing, of diverting millions of shares from them.
November 07, 2024 | 10:15 pm
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Investors have accused Patrick Orlando, former CEO of the SPAC that took Trump Media public, of diverting millions of shares. This legal issue could affect the stock's short-term performance.
The accusation against Patrick Orlando, who was instrumental in taking Trump Media public through DWAC, could lead to legal challenges and investor uncertainty, potentially impacting DWAC's stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90