15 votes

US SEC sues Trump Media SPAC ex-CEO Patrick Orlando for alleged fraud

1 comment

  1. andrewsw
    Link
    This is all well and good, but what about the actual resulting business structure? Shouldn't that be dismantled as well?

    The SEC asked the court to force Orlando to give up “all ill-gotten gains” as a result of his alleged violations, along with civil penalties and a permanent injunction barring his from engaging in that conduct.

    This is all well and good, but what about the actual resulting business structure? Shouldn't that be dismantled as well?

    1 vote