Trump SPAC Litigation Heads to Judge With Meme Stock Experience

April 9, 2024, 6:22 PM UTC

Donald Trump‘s blank-check merger has landed in front of the Delaware judge who oversaw the unruly litigation challenging AMC Entertainment Holdings Inc.'s bid to recapitalize by diluting its base of meme stock investors.

The case in Delaware Chancery Court will be handled going forward by Vice Chancellor Morgan T. Zurn, according to Vice Chancellor Sam Glasscock III, who previously agreed to fast-track the dispute. Glasscock, who is retiring, made the announcement at a court hearing Tuesday.

The lawsuit is one of four filed this year over the tie-up between Truth Social, Trump’s right-wing social media platform, and ...

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