Lawsuit Corporate Scandal News

"Allegations of Hacking and Lawsuits Surround Trump Media and Truth Social"

Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company have filed a federal civil lawsuit accusing a current board member of the media company, Eric Swider, of hacking and stealing their files in an attempted corporate coup to replace the CEO. The lawsuit seeks damages and an injunction to prohibit the use of the stolen information. This legal dispute is just one of many that have plagued Trump Media's rocky road to an IPO, including fraud charges, mismanagement allegations, and lawsuits between co-founders.