MEDIA STATEMENT ON BEHALF OF TIMOTHY R. THIBAULT
(twitter.com)
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FBI special agent happily retires shortly after FBI raid on former president
FBI special agent quickly hires lawyers to release statements on his behalf, claiming he’s totally innocent.
Sounds legit.
Yeah, and of course, pro bono. These stupid fs never have to spend their own money.
Exactly. Nothing is free in life. If Morrison and Foerster are doing this Pro Bono, or Free, then they must be getting paid in other ways to justify the potentially massive legal expense.
Sounds to me like Morrison and Foerster is another Perkins Coie.
Free publicity. You're advertising them right on this page.
www.mofo.com
wowzers!
Interesting that this firm is involved in addressing new SPAC legislation, https://www.mofo.com/resources/insights/220411-sec-proposes-sweeping-regulations-regarding-spac.
A SPAC is what DWAC (Truth Social) is. It is my understanding that a Special Purpose Acquisition Company is a company set up as a public company for the purpose of being acquired or merged with a non-public company.
My interpretation is that this would allow Truth Social to go public without needing to do an IPO (Initial Public Offering), which is a traditional way to go public. Doing an IPO takes a long time and relies on companies liek Goldman Sachs to offer the stock and go public.
The merger/acquisiton route allows a company to go public much sooner with less hurdles.
My assumption is that Trump chose the SPAC route because he knows Wall Street will completely sandbag an IPO.
Anyways, thought the link might be interesting.
Thanks for finding their homepage u/pente1776 👈🏻