Wednesday, April 3, 2024 5:35PMnow-public social media company pleaded guilty Wednesday to insider trading.
Michael Shvartsman, 52, of Sunny Isles Beach, Florida, and Gerald Shvartsman, 45, of Aventura, Florida, wereEach of them faces up to 20 years in prison when they're sentenced in July, but prosecutors agreed to recommend a sentence of about three years.
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Trump sues two Trump Media co-founders, seeking to void their stock in the companyDonald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly.
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