Lawsuit Filed by SEC Against Former CEO of Digital World Involving Securities Fraud
Thursday, 18 July 2024, 02:16
SEC Lawsuit Against Former CEO
The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against Patrick Orlando, the former CEO of Digital World Acquisition Corp.
Allegations of Securities Fraud
The lawsuit, filed on Wednesday, accuses Orlando of involvement in securities fraud related to the public listing of Donald Trump's social media venture.
Legal Action
- SEC Lawsuit: Filed against Patrick Orlando.
- Fraud Allegations: In connection with the public listing of Trump's social media venture.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.