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Trump Media SPAC Dropped From $20M Insider-Trading Suit

By David Minsky ( October 4, 2024, 8:05 PM EDT) -- A Florida federal judge dismissed a special purpose acquisition company from a shareholder complaint alleging a board member and investor made nearly $20 million from insider trading following news of a merger with Donald Trump's social media website, saying the SPAC isn't a necessary party to the lawsuit....

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