Was the right decision made?
Former President Donald Trump, his son Donald Trump Jr., and four other associates had been removed from the board of Trump’s social media company a few weeks before the SEC hit the company with federal subpoenas.
According to Florida’s state business records, on June 8, Trump, his son, Andrew Northwall, Kashyap Patel, Scott Glabe, and Wes Moss were removed as board members of Trump Media and Technology Group.
The filing was made with Florida’s Division of Corporations.
The move may have gone unnoticed had it not been for separate filings by a Manhattan Grand Jury and the Securities and Exchange Commission (SEC) on June 30 and June 27, respectively.
Denying the report, first published by The Herald Tribune, a spokesperson for the Trump Media and Technology Group called it “fake news” before suggesting Trump was still on the board.
In a post on Truth Social, the social media app associated with the Trump Media Group, the spokesperson states, “Contrary to an ‘exclusive’ fake news story filed by a reporter who is incapable of understanding state business records, Donald Trump remains on the board of Trump Media and Technology Group. In fact, the reporter acknowledges that Trump’s title is ‘chairman,’ but apparently has no clue what a chairman presides over. Hopefully this helps clarify things.”
Yet the statement doesn’t address why the June 8 filing calls for Trump and five others to be removed from the board and attempts to get an official comment have been ignored.