Litigation: SEC Charges Ex-Special Purpose Acquisition Company CEO With Fraud
July 20, 2024
July 20, 2024
WASHINGTON, July 20 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-2097; D.D.C. filed July 17, 2024) involving Patrick Orlando:
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On July 17, 2024, the Securities and Exchange Commission filed a complaint in federal court in the District of Columbia alleging that Patrick Orlando, the former CEO and Chairman of Digital World Acquisition Corporation ("DWAC"), a special purpose acquisition company ("SPAC&qu . . .
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On July 17, 2024, the Securities and Exchange Commission filed a complaint in federal court in the District of Columbia alleging that Patrick Orlando, the former CEO and Chairman of Digital World Acquisition Corporation ("DWAC"), a special purpose acquisition company ("SPAC&qu . . .