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The MeidasTouch Podcast

Trump COULD GET SUED for Stock TANKING

The MeidasTouch Podcast

MeidasTouch Network

News, Politics

4.956.4K Ratings

🗓️ 6 April 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

MeidasTouch host Ben Meiselas reports on his opinion how Donald Trump’s recent public statements about Trump Media could result in securities lawsuits for making false and misleading statements about a publicly traded company. Head to https://ShopMDHearing.com and use code MEIDAS to get get our $297 when you buy a PAIR offer. Visit https://meidastouch.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Kraken.

0:03.0

Krypto is like the financial system, but different.

0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is financed for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be.

0:21.0

To learn more, don't invest in as you're prepared to lose all the money you invest.

0:25.5

This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:30.0

Yes, Trump media is absolutely tanking, but in addition to just the massive losses it is taking,

0:37.6

Donald Trump may now become personally liable for some of these losses as well as the board of directors.

0:46.0

Let me explain potential securities law violations that Donald Trump committed by making posts that would seem to me to kind of pump the stock and then the stock took a massive downfall

1:00.8

Shortly thereafter I mean it was for the entire week but of

1:03.3

down fall shortly thereafter. I mean, it was for the entire week, but I want to explain to you the way

1:06.2

securities law works. I want to make it clear. This is my opinion. I'm not giving

1:11.3

any stock advice at all. And this is just one lawyer's opinion. I'm not giving any stock advice at all and this is just one lawyer's opinion but let me break down the law for you.

1:17.5

So under the securities law there's a number of things about material false statements being made to the market and how that is prohibited.

1:28.0

Securities law prohibits false or misleading statements.

1:31.0

One of the federal securities laws that deals with security misleading statements is

1:35.0

is the securities law of 1934.

1:39.0

Under the Securities Exchange Act, Rule 14a-9, it's enacted to prohibit false or misleading statements,

1:46.5

and specifically, Rule 14A-9 states, no solicitation shall be made by means of any proxy statement, form of proxy,

...

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