"Trump Media Sues Truth Social Co-Founders Over Mismanagement"

1 min read
Source: The Independent
"Trump Media Sues Truth Social Co-Founders Over Mismanagement"
Photo: The Independent
TL;DR Summary

Donald Trump is suing two co-founders of Trump Media and Technology Group (TMTG), the parent company of Truth Social, alleging that they mishandled the company's public offering and seeking to strip them of their shares. The lawsuit comes after TMTG's volatile stock performance following its Nasdaq debut. Trump accuses the co-founders of breaches of fiduciary duty and seeks damages, as he faces mounting legal expenses and ongoing criminal indictments.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

86%

50169 words

Want the full story? Read the original article

Read on The Independent