Trump Sues Truth Social Company Co-Founders to Zero Them Out
- He claims they bungled their duties, forfeiting their stock
- Trump Media shares plunged less than a week after going public
Donald Trump
Photographer: Mary Altaffer/Getty ImagesDonald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it.
In the latest legal skirmish over who gets how much of the hot but flailing meme stock, Trump alleges that Andy Litinsky and Wes Moss violated an agreement about the setup and don’t deserve their 8.6% stake, currently valued at $606 million.