Not having much insight into what may happen next in the case of a fraud orchestrated by Robert Allen Stanford, many of the victims sold the rights to any future payout.
A top adviser to Sam Bankman-Fried, the disgraced founder of FTX, Ms. Ellison pleaded guilty to conspiring with him to steal $8 billion and became a crucial witness for the prosecution.
Donald J. Trump, the company’s largest shareholder, has said he won’t sell when a lockup agreement expires on Thursday. But other large investors could.
Shares of the parent company of Truth Social, which have traded like a proxy for former President Donald Trump’s election prospects, set a new low for the year.
Andrew Left is fighting a range of criminal and civil charges related to his trading practices, and other investors who make money by betting on a decline in stock prices are watching closely.
A lockup provision has kept him from being able to sell Trump Media shares. With that prohibition about to expire, the price is down more than 70 percent from its peak.
The stock price of the former president’s social media company has often moved in tandem with investor perception of his standing in the presidential race.