Stock Market News
Digital World board members get subpoena over Trump’s social media deal
2022.06.27 14:31
FILE PHOTO: Former U.S. President Donald Trump speaks to an audience at the “American Freedom Tour” event in Memphis, Tennessee, U.S., June 18, 2022. REUTERS/Karen Pulfer Focht/File Photo
(Reuters) – Special purpose acquisition company Digital World Acquisition Corp disclosed on Monday each director on its board had been issued subpoenas seeking more information on its deal with former U.S. President Donald Trump’s social media firm.
Earlier this month, the company reported that the U.S Securities and Exchange Commision and the Financial Industry Regulatory Authority probing the deal had also sought more information.