Lawsuit Claims Trump Media Board Member Hacked Investment Firms, Undermined CEO

Benzinga 2024-04-11

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Investment firms led by Patrick Orlando, ex-CEO of Digital World Acquisition Corp., claim their files were hacked by Eric Swider, a board member of the company that merged with Trump's media firm. A federal lawsuit alleges that Swider conspired to replace Orlando as CEO of DWAC and accessed the firms' computer systems to undermine him.mThe SPAC completed its merger with Trump Media & Technology Group Corp., taking it public on the Nasdaq. The Florida lawsuit is part of a series of contentious legal battles marking Trump Media's tumultuous path to an IPO and its unstable initial period as a publicly traded entity.

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