Trump sues Truth co-founders
SAN FRANCISCO — Donald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly.
The former U.S. president’s lawsuit, which was filed on March 24 in Florida state court, follows a complaint filed in February by those co-founders, Andy Litinsky and Wes Moss. Their lawsuit sought to prevent Trump from taking steps the two said would sharply reduce their combined 8.6% stake in Trump Media. The pair filed their lawsuit in the Delaware Court of Chancery.
Trump’s lawsuit claims that Litinsky and Moss, who were both contestants on Trump’s reality-TV show “The Apprentice,” mishandled an attempt to take Trump Media public several years ago, allegedly putting the whole project “on ice” for more than a year and a half.
But it also targets the pair over their Delaware suit against Trump, saying that it was one of several attempts they made to block Trump Media’s ultimately successful plan to go public.
Trump Media accomplished that goal by merging with a publicly traded shell company called Digital World Acquisition in March.
More Stories
Buying a business instead of starting one: what the numbers actually say
Ask someone how they plan to get into business ownership and you will usually hear some version of the same...
What Makes a Strong Investment Property in the UK?
When researching the UK property market, it is easy to be drawn in by eye-catching rental yields, glossy marketing brochures...
Beyond the Slopes: Why Minibus Hire at Geneva Airport is the Key to Summer Alpine Adventures
For UK groups landing at GVA, securing a minibus hire at Geneva airport can often mean the difference between a...
Yael Eckstein – Salary, Benefits and Opportunities for Advancement Earn IFCJ Top Workplace Honors in 2026
Yael Eckstein leads one of the world’s largest religious charitable organizations from Israel, where war, poverty and displacement have transformed...
Shein loses High Court copyright case against Temu
Shein has lost its High Court claim against rival Temu over the alleged copyright infringement of photographs of its clothing,...
A Complete Safety Framework for P2P Crypto Marketplaces
Peer-to-peer marketplaces let users buy and sell cryptocurrency directly under advertisement terms, while the platform supplies order records, escrow, communication...
