Published 11 days ago

Trump Media investor convicted of insider trading ahead of merger

Bruce Garelick, a director at a shell company, was guilty of insider trading related to the merger with Trump Media.
Garelick used secret information about the deal to trade and inform others, resulting in a spike in shares for Digital World Acquisition Corporation.
Two others involved in the insider trading case, Michael and Gerald Shvartsman, pleaded guilty last month.

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Associated Press News

Financial executive convicted of insider trading in case over acquisition of Trump's media company

A financial executive has been convicted of enabling his boss and others to make millions of dollars illegally by trading ahead of the public announcement that an acquisition firm was

11 days ago·United States

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abc News

Financial executive convicted of insider trading in case over acquisition of Trump's media company

A financial executive has been convicted of enabling his boss and others to make millions of dollars illegally by trading ahead of the public announcement that an acquisition firm was taking former President Donald Trump's media company public

11 days ago·United States

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CNN

Investor found guilty in Trump Media insider trading case

An investor in the shell company that merged with Trump Media was found guilty on Thursday of insider trading, according to federal prosecutors.

11 days ago·Atlanta, United States

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The Washington Post

Financial executive convicted of insider trading in case over acquisition of Trump's media company

11 days ago

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KRDO

Investor found guilty in Trump Media insider trading case

By Matt Egan, CNN (CNN) — An investor in the shell company that merged with Trump Media was found guilty on Thursday of insider trading, according to federal prosecutors. Bruce Garelick, who served as a director at the shell company, was accused of using secret knowledge of the impending deal with Trump Media to trade and tip off others. Those trades paid off as shares of the shell company, Digital World Acquisition Corporation (DWAC), spiked in…

11 days ago·Colorado Springs, United States

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