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Former President Donald Trump was removed from the board of the Trump Media and Technology Group (TMTG)--the company behind Truth Social--on June 8, just weeks before the company was hit with subpoenas as part of federal investigations into its business dealings, according to the Sarasota Herald-Tribune.

Key Facts

Donald Trump Jr., along with former White House staffers Kash Patel and Scott Glabe, were also among a group of six board members removed on June 8, according to the Herald-Tribune, citing state business records.

It is unclear what role, if any, Trump still has with the company, but records reportedly show he is no longer chairman.

According to a Securities and Exchange Commission filing, TMTG was served with an SEC subpoena on June 27 and a Southern District of New York grand jury subpoena on June 30, and some company employees "received individual grand jury subpoenas."

The subpoenas requested documents relating to TMTG's deal to merge with special purpose acquisition company Digital World Acquisition Corp. (DWAC) in order to publicly list TMTG.

Representatives for TMTG and the former president did not immediately respond to requests for comment from Forbes.

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Former President Donald Trump was removed from the board of the Trump Media and Technology Group (TMTG)--the company behind Truth Social--on June 8, just weeks before the company was hit with subpoenas as part of federal investigations into its business dealings, according to the Sarasota Herald-Tribune.

Key Facts

Donald Trump Jr., along with former White House staffers Kash Patel and Scott Glabe, were also among a group of six board members removed on June 8, according to the Herald-Tribune, citing state business records.

It is unclear what role, if any, Trump still has with the company, but records reportedly show he is no longer chairman.

According to a Securities and Exchange Commission filing, TMTG was served with an SEC subpoena on June 27 and a Southern District of New York grand jury subpoena on June 30, and some company employees "received individual grand jury subpoenas."

The subpoenas requested documents relating to TMTG's deal to merge with special purpose acquisition company Digital World Acquisition Corp. (DWAC) in order to publicly list TMTG.

Representatives for TMTG and the former president did not immediately respond to requests for comment from Forbes.

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