Drew HarwellFeb 29, 2024

Scoop: Trump Media's co-founders — big former Trump boosters from "The Apprentice" days — are suing the company, claiming Trump and his allies are trying to cut them out of their shares, now worth ~$300M

Lawsuit could imperil Truth Social merger — one of Trump's few financial lifelines after ~$500M NY fraud fine

https://www.washingtonpost.com/technology/2024/02/29/truth-social-lawsuit-trump-media-founders/

Trump Media co-founders sue company, alleging a scheme to dilute shares

Andy Litinsky and Wes Moss first met Trump as contestants on his reality show “The Apprentice.”

The Washington Post
Show threadDrew HarwellFeb 29, 2024

Big update: It's not one lawsuit - it's three.

1. Co-founders vs Trump Media
2. Trump Media and DWAC vs. ex-CEO, alleging "avarice & incompetence"
3. Orlando vs DWAC, alleging “strong-arming tactics”

All-out legal war amid Trump cash crunch. DWAC down 9%

https://www.washingtonpost.com/technology/2024/02/29/truth-social-lawsuit-trump-media-founders/

Trump Media co-founders sue company, alleging a scheme to dilute shares

Andy Litinsky and Wes Moss first met Trump as contestants on his reality show “The Apprentice.”

The Washington Post
Show threadMatt
@drewharwell I wish everyone involved nothing but the worst
Mar 1, 2024 at 12:03amWeb