"Trump Media Sues Truth Social Co-Founders Over Mismanagement"
TL;DR
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.
Topics:businessbusiness-legal#business#business-legal#donald-trump#lawsuit#stock-market#truth-social
- Trump sues Truth Social co-founders demanding the two 'Apprentice' stars lose shares The Independent
- Donald Trump Sues Truth Social Co-Founders, Accuses Them Of Mismanagement NDTV
- Trump's social media company sues co-founders, seeks to forfeit their shares ABC News
- Trump Media sues co-founders, accuses them of 'severe mismanagement' CNBC
- Trump social media company sues co-founders, alleging ‘reckless and wasteful’ decisions The Hill
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Read on The Independent