"Trump Media Sues Truth Social Co-Founders, Seeks Share Forfeiture"

TL;DR Summary
Donald Trump's company, Trump Media & Technology Group, has filed a lawsuit against two co-founders of Truth Social, accusing them of mismanagement and seeking to eliminate their stake in the company. This comes after the co-founders filed their own suit against Trump's company, alleging an attempt to dilute their shares. Truth Social's stock prices plummeted after the company's financial losses were made public, with reported losses of over $100 million in two years. The outcome of these legal battles could have significant financial implications for Trump as he grapples with mounting legal expenses.
- Trump Sues Truth Social Co-Founders, Seeks to Eliminate Their Shares Rolling Stone
- Truth Social owner Trump Media sues two former ‘Apprentices,’ seeking to wipe out their shares CNN
- Trump's social media company sues co-founders, seeks to forfeit their shares ABC News
- Trump Demands Truth Social Co-Founders Cough Up Their Shares The Daily Beast
- Trump Media sues its co-founders, accuses them of 'severe mismanagement' CNBC
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