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Donald Trump stepped down as director of his media group last month - filing

Reuters
Reuters
 2022-07-07
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July 7 (Reuters) - Former U.S. President Donald Trump was removed as a director from the board of Trump Media & Technology Group (TMTG) last month, state documents showed, weeks before the firm was served with subpoenas from federal authorities.

The document from the Florida Department of State Division of Corporations, dated June 8, also showed that Donald Trump Jr and Kashyap Patel were removed as directors.

Truth Social, the social media platform owned by the company, said in a post that Donald Trump still remains on the board of TMTG. (https://bit.ly/3OQkRTJ)

TMTG did not respond to a Reuters request for further details on the filing.

The company received a subpoena from the U.S. Securities and Exchange Commission (SEC) on June 27 and another subpoena from a federal grand jury in the Southern District of New York on June 30, regulatory filing showed last week. read more

TMTG agreed to merge with blank-check firm Digital World (DWAC.O) in October and the deal was expected to close by the second half of this year.

The SEC and the Financial Industry Regulatory Authority have been investigating the deal since late last year. On June 13, Digital World said the SEC had sought more information on the deal. read more

Reporting by Chavi Mehta in Bengaluru; Editing by Sriraj Kalluvila

Our Standards: The Thomson Reuters Trust Principles.

Comments / 1229

2stepsdown
07-08

The Liberal media needs to stop talking about Trump and address the all the problems the Biden administration has created. If they want to say something about Trump let's talk about his next rally in Alaska. It's going to be electric like a rock concert.

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Diana Lynn Linares
07-08

Trump,Trump! What about Biden and his criminal doings.Trump is gone,Biden is destroying this nation and you guys only want the people to concentrate on Trump. You are all complicit on the destruction of this country and will pay for it.I can give two hoots if he runs the Truth platform or not.

Reply(72)
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Just the facts
07-08

He stepped down because it was failing badly and it was because nobody wants to hear what he’s talking about anymore, America has moved on, thank God!

Reply(12)
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