A New York federal jury convicted an investor of insider trading in a company's stock ahead of the firm's announcement that it would merge with Trump Media.
Trump Media's majority shareholder is former President Donald Trump, who was not accused of any wrongdoing in the case., who was not accused of any wrongdoing in the case against Garelick in U.S. District Court in Manhattan. But Garelick's trial, which began on April 30, took place just blocks away from where Trump is on trial in Manhattan Supreme Court on criminal charges related to a hush money payment to porn star Stormy Daniels.
Jurors in Garelick's case began deliberating on Wednesday afternoon after hearing closing arguments from prosecutors and a defense lawyer.
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