Trump Media Sues Truth Social Co-Founders for Mismanagement
TL;DR Summary
Former President Donald Trump has sued the co-founders of Truth Social, alleging mismanagement and seeking to strip them of their stock in the company, which recently went public. Trump Media & Technology Group Corp. claims that executives Wes Moss and Andy Litinsky made costly mistakes that delayed the company's public offering. The co-founders had pitched the social media platform idea to Trump after he was banned from Twitter. The lawsuit comes after Moss and Litinsky sued Trump's company, alleging an attempt to dilute their shares.
- Trump sues Truth Social co-founders, says they're not entitled to stock shares Yahoo! Voices
- Truth Social owner Trump Media sues two former ‘Apprentices,’ seeking to wipe out their shares CNN
- Trump social media company sues co-founders, alleging ‘reckless and wasteful’ decisions The Hill
- Trump Media sues its co-founders, accuses them of 'severe mismanagement' CNBC
- Donald Trump accuses Truth Social co-founders of IPO delays and costly missteps in new lawsuit Hindustan Times
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