Citadel Securities, whose founder is Ken Griffin, was mentioned in a letter by Trump Media CEO Devin Nunes. Donald Trump owns most Trump Media shares.
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.
Attorneys for defendant Bruce Garelick said he was innocent and did not tip off anyone.
A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummetedFormer president Donald Trump qualified for a bonus worth $1.2bn after shares in his social media company remained above a certain value despite falling sharply.Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake in the business to about...
Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the company on Tuesday.
Trump, the presumptive Republican presidential nominee, now owns close to two-thirds of the company's outstanding shares.
Former President Donald Trump has secured another $1.6 billion worth of shares in Trump Media. That's according to a regulatory filing this week. Based on the company’s stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. That brings his total ownership to more than 114 million shares, which based on Tuesday's closing price, are worth $5.1 billion. For now, the value of those shares is...
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
WASHINGTON (AP) — Former President Donald Trump has secured another $1.8 billion worth of shares in Trump
Senators questioned UnitedHealth Group CEO Andrew Witty on Wednesday about a cyberattack on its subsidiary Change Healthcare.
Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes above a $17.50 minimum share price.
The accountant hired to audit former President Donald Trump's social media company seemed to have a lot of trouble spelling his name, the Financial Times reported on Wednesday.Ben F Borgers, the founder and managing partner of the accounting firm BF Borgers, spelled his name in 14 different ways in regulatory filings, the Financial Times reported, citing data it had reviewed from the Public Company Accounting Oversight Board.Some variations, like Ben F Brogers and Ben F orgers, appeared to be...