Mr. Patel was directly involved in building a case that two co-founders of Trump Media & Technology mismanaged the debut of Truth Social in 2022. He was paid about $130,000 as a consultant.
Mr. Atkins, a pro-business conservative, would likely take a lighter regulatory approach than the current chair of the Securities and Exchange Commission.
Mr. Hwang was convicted in July for his role in the collapse of his investment firm that caused roughly $10 billion in losses for several Wall Street banks.
Jay Clayton, a former corporate lawyer, would assume a critical role for the president-elect, who has promised revenge on those who prosecuted him in New York.
Truth Social still has paltry revenues and a limited advertising base, and the president-elect’s majority stake raises the potential for conflicts of interest.
The swimsuit model Stacey Williams said Jeffrey Epstein brought her to Trump Tower, where the future president groped her. Mr. Trump’s campaign denied it.
Employees have complained to the board about hiring and management practices at the parent company of Truth Social, which serves as the main online megaphone for former President Donald Trump.
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.
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.