Trump social media company sues co-founders, alleging ‘reckless and wasteful’ decisions

  • Trump social media company sues co-founders, alleging ‘reckless and wasteful’ decisions

    Posted by Gatherer  on April 2, 2024 at 9:29 PM

    Former President Trump’s social media company is suing two of its co-founders, claiming they failed to perform basic duties and delayed the firm’s recent merger with “a series of reckless and wasteful decisions.”

    The lawsuit from Trump Media & Technology Group, the parent company of Truth Social, alleges that Wesley Moss and Andrew Litinsky “failed spectacularly” to set up a corporate leadership structure for the company and nearly derailed its plans to merge with a publicly traded firm.

    The suit was filed March 24 in Florida state court and was first reported Tuesday by Bloomberg News. Trump owns 57.3 percent

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    Gatherer  replied 1 week, 4 days ago 1 Member · 0 Replies
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