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Dan Mangan in political news

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Donald Trump - Dan Mangan - Trump campaign lawyers' bid to withdraw from discrimination case gets closed-door hearing - cnbc.com - city New York - New York - county White

Trump campaign lawyers' bid to withdraw from discrimination case gets closed-door hearing

A federal judge in New York scheduled a closed-door meeting Wednesday afternoon on a request by lawyers for Donald Trump's presidential campaign to withdraw from a gender discrimination lawsuit filed by former senior advisor to his 2016 White House bid. The law firm at LaRocca, Hornik, Greenberg, Kittredge, Carlin & McPartland asked to withdraw from the case filed by Arlene "A.J." Delgado last Friday in a court motion, because of what it called "an irreparable breakdown in the attorney-client relationship between the Firm and the Campaign." The filings said the firm "respectfully requests leave to explain to the Court in camera" the details of that breakdown. In camera proceedings are conducted by judges without members of the public or press present. Magistrate Judge Katharine Parker said she would conduct an in camera conference on the firm's request

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Donald Trump - Dan Mangan - Trump Media insider trading trial begins with co-founder testifying, 'I've never been paid at all' - cnbc.com - state Florida - New York - city Manhattan

Trump Media insider trading trial begins with co-founder testifying, 'I've never been paid at all'

The federal criminal trial of a man accused of insider trading in shares of a shell company ahead of its announcement of a plan to merge with Trump Media began Tuesday, just blocks from where former President Donald Trump was sitting at his criminal trial in a case related to a hush money payment. The first witness in the insider trading case against Bruce Garelick was Andy Litinsky, a co-founder of Trump Media. Litinsky himself is involved in complicated civil litigation against Trump in several jurisdictions, over how many shares he is owed in Trump's eponymous social media company. "It's a long story," Litinsky sighed on the stand in U.S. District Court in Manhattan. Garelick has decided to take his chances with a jury after his two co-defend

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Donald Trump - Dan Mangan - DJT: Trump Media shares soar more than 12% in afternoon trading - cnbc.com - Israel - Iran - India

DJT: Trump Media shares soar more than 12% in afternoon trading

The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. The DJT ticker was up more than $5 per share just before 1 p.m. ET. Trump Media owns the Truth Social app frequently used by the company's majority shareholder, former President Donald Trump. The company began public trading on March 26 with a price of more than $70 per share. Over the

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Joe Biden - U.S.District - Dan Mangan - Ashley Biden - Action - Ashley Biden detailed 'pain' from diary theft, urged prison for thief in letter to judge - cnbc.com - Israel - state Florida - New York - city Manhattan - city Sanction

Ashley Biden detailed 'pain' from diary theft, urged prison for thief in letter to judge

Ashley Biden, the daughter of President Joe Biden, wrote a judge to say she would not attend the criminal sentencing earlier this month of the woman who stole her diary because "it would only increase my pain." The highly emotional letter was unsealed by U.S. District Judge Laura Taylor Swain more than three weeks after the judge sentenced Aimee Harris to one month in federal jail and three months of home detention. "My goal in asking Your Honor to impose a term of incarceration is to ensure that another woman isn't bullied and shamed like this ever again," Ashley Biden wrote. "The despair I ha

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Donald Trump - Dan Mangan - Of Trump - Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus - cnbc.com - New York

Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus

Former President Donald Trump is poised to receive an additional 36 million shares of Trump Media on Tuesday — an "earnout" bonus worth more than $1.25 billion, at Monday's price. Trump Media, which owns the Truth Social app, closed trading Monday at $35.50 per share, down 2.42%, and about half the price that the DJT ticker began public trading at in late March. But that closing price is still twice the $17.50 benchmark minimum share price that Trump Media has to hit by the close of trading Tuesday for the former president to become eligible for the extra so-called earnout shares. That earnout is contingent on the benchmark being hit for 20 trading days within a 30-trading-day period, begi

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Donald Trump - Dan Mangan - In New - Man sets himself on fire outside Trump trial courthouse in New York - cnbc.com - city New York - state Florida - New York - city Manhattan

Man sets himself on fire outside Trump trial courthouse in New York

A Florida man set himself on fire Friday outside of the New York courthouse where a jury was being picked for the criminal hush money trial of former President Donald Trump. The man, identified by police as Max Azzarello, was taken to the Cornell Burn Center at New York Presbyterian Hospital, where he was in very critical condition and not expected to survive. "His condition is not good, but of a right now he's still alive," a police official said of Azzarello, a St. Augustine resident who is in his mid-30s. Azzarello ignited himself in an area across from Manhattan Supreme Court, which is cordoned off for protestors. Police said he walked into the p

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Donald Trump - Dan Mangan - New York AG says $175 million Trump fraud bond isn't properly backed, should be voided - cnbc.com - city New York - New York - city Manhattan

New York AG says $175 million Trump fraud bond isn't properly backed, should be voided

The New York Attorney General's office on Friday asked a judge to void a $175 million bond posted by former President Donald Trump to secure a much larger monetary damage award in his civil business fraud case. The AG's office in a filing said that Trump and other defendants in the case had failed to show there is enough identifiable collateral to back the bond for the judgment in Manhattan Supreme Court. The filing notes that the surety Trump used to obtain the bond, Knight Specialty Insurance Company, is "a small insurer that is not authorized to write business in New York and th

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Donald Trump - Dan Mangan - Devin Nunes - CEO - Citadel Securities blasts Trump Media CEO Devin Nunes over DJT short selling letter - cnbc.com

Citadel Securities blasts Trump Media CEO Devin Nunes over DJT short selling letter

Citadel Securities ripped Trump Media CEO Devin Nunes on Friday for a letter he sent the Nasdaq Stock Market which mentioned Citadel Securities and other major market companies after warning of possible illegal short sale trading in DJT shares. "Devin Nunes is the proverbial loser who tries to blame 'naked short selling' for his falling stock price," said a spokesperson for Citadel Securities. Citadel Securities' founder and non-executive chairman Ken Griffin is a major donor to Republican candidates — among them the former GOP congressman Nunes. "Nunes is exactly the type of person Donald Trump would have fired on The Apprentice," said the spokesperson referring to the former Republican president's business competition reality TV show. "If he [Nunes] worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do," the spokesperson added. A s

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