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A federal jury in Manhattan convicted Florida investor Bruce Garelick of securities fraud and conspiracy charges in a $23 million insider trading case. The scheme involved exploiting confidential information about the merger of Donald Trump's social media company, Truth Social, with a publicly traded shell company. Garelick was accused of helping others make $22 million from the insider information ahead of the public announcement of the merger.
A federal jury in Manhattan convicted a financial executive on securities fraud charges arising from a multimillion-dollar insider trading scheme that involved the merger of Donald Trump’s social media company with a publicly traded shell company. https://t.co/tsD2bK2rUw
A federal jury convicts an investor of insider trading in the stock of a shell company ahead of its announcement that it would merge with Trump Media, the owner of Truth Social. https://t.co/wUO9C8sKEF
Trump Media investor convicted of insider trading, helped others make $22M before merger https://t.co/GeWyIPhZbQ https://t.co/pkwy0Zcs6s
