Whistleblower Alleges Trump Media Violated U.S. Securities Laws – Report

https://sputniknews.com/20221015/whistleblower-says-trump-media-allegedly-violated-us-securities-laws—reports-1101886494.html
Whistleblower Alleges Trump Media Violated U.S. Securities Laws – Report
Whistleblower Alleges Trump Media Violated U.S. Securities Laws – Report
WASHINGTON (Sputnik) – Trump Media & Technology Group Corporation May Violate Securities Laws, Former President Donald Trump… 15.10.2022, Sputnik International
2022-10-15T21:52+0000
2022-10-15T21:52+0000
2022-10-15T21:52+0000
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Will Wilkerson, one of the original founders of Truth Social, Trump’s social media platform that was founded shortly after the former president permanently shut down Twitter. The technology group that runs Truth Social.Trump media violated securities laws, prompting Trump to pressure management to hand over their shares to his wife Melania, according to emails shared by Wilkerson and his attorneys. claims to have put Wilkerson and his attorneys also said Trump Media’s attempt to raise money through an investment firm known as a special purpose acquisition firm relied on “fraudulent misrepresentations in violation of federal securities laws.” claim. After Trump Media’s senior vice president of operations told The Washington Post on Thursday, the paper said: His firm was citing Wilkerson’s “unauthorized disclosure.” Trump has been banned from Twitter and his Facebook* after the Jan. 6, 2021 riot at the Capitol. The platform deemed his activity related to the event to be in violation of their own policies. The former president has since launched a new social network, Truth Social, to fight big tech censorship and protect the right to free speech and expression.
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donald trump, united states, us stock exchange commissions (s), fraud, whistleblower
donald trump, united states, us stock exchange commissions (s), fraud, whistleblower
WASHINGTON (Sputnik) – Trump Media & Technology Group Corporation may have violated securities laws, prompting former U.S. President Donald Trump, the majority owner of Trump Media, to file a lawsuit against the company, one of the company’s first employees. allegedly pressured company executives over its shares. Trump Media told The Washington Post.
Will Wilkerson, one of the original founders of Truth Social, is the head of the Trump Media & Technology Group, which operates Truth Social, Trump’s social media platform shortly after the former president permanently shut down Twitter. was an executive.
Wilkerson filed a whistleblower complaint with the U.S. Securities and Exchange Commission (SEC) in August and also shared an internal document with The Washington Post, which reported on his complaint on Saturday.
Wilkerson alleges that Trump Media violated securities laws and that Trump pressured management to hand over the shares to his wife, Melania, according to the paper.
Alleged threats from President Trump “Blow up the company” According to an email Wilkerson and his attorney shared with The Washington Post, if his demands are not met.
Wilkerson and his lawyers also said Trump Media’s bid to raise money through an investment vehicle known as a special purpose acquisition company “Fraudulent Misrepresentation… Violate Federal Securities Laws. ”
Wilkerson also told The Washington Post that “fierce infighting, technological failures, and chaotic power struggles among Trump allies” have undermined Trump’s media potential, and that “some employees are at their desks. I was crying,” he said.
Wilkerson was fired from his job as Trump Media’s senior vice president of operations on Thursday, the newspaper said after he told The Washington Post, noting that the company was responsible for Wilkerson’s “unauthorized Disclosure,” he added.
Trump was banned from Twitter and Facebook* after the Capitol riots on January 6, 2021. The platform deemed his activity related to the event to be in violation of their own policies. The former president later launched a new social network, Truth Social, to fight Big Tech censorship and protect the right to free speech and expression.
*Facebook and its parent company Meta are banned in Russia as extremist and terrorist organizations.
https://sputniknews.com/20221015/whistleblower-says-trump-media-allegedly-violated-us-securities-laws—reports-1101886494.html Whistleblower Alleges Trump Media Violated U.S. Securities Laws – Report