Trump Media Will Miss SEC Deadline After Ex-Auditor Is Banned

By Daniel Walker | May 17, 2024

Massive fraud

Trump Media and Technology Group will not meet the deadline to submit a necessary Securities and Exchange Commission form, as stated in a filing made by the company on Wednesday. 

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This comes after the SEC accused the company's former auditing firm of "massive fraud" earlier in the month, alleging non-compliance with accounting standards.

The parent company

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The parent company of Truth Social, Trump Media, informed the Securities and Exchange Commission about a delay in filing, citing the inability to meet the deadline due to the new auditor needing more time for a thorough review.