04-04-2024, 01:28 PM
UPDATE 2-Two plead guilty to insider trading related to Trump Media merger
16:43:55 PM ET, 04/03/2024 - Reuters
(Updates with closing price of TMTG in paragraph 13)
By Jody Godoy
NEW YORK, April 3 (Reuters) - Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former U.S. President Donald Trump's media business public.
Michael Shvartsman, 53, head of Miami-based venture capital firm Rocket One Capital, and his brother Gerald Shvartsman, 46, each pleaded guilty to one count of securities fraud before U.S. District Judge Lewis Liman in Manhattan
16:43:55 PM ET, 04/03/2024 - Reuters
(Updates with closing price of TMTG in paragraph 13)
By Jody Godoy
NEW YORK, April 3 (Reuters) - Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former U.S. President Donald Trump's media business public.
Michael Shvartsman, 53, head of Miami-based venture capital firm Rocket One Capital, and his brother Gerald Shvartsman, 46, each pleaded guilty to one count of securities fraud before U.S. District Judge Lewis Liman in Manhattan