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Trump Media sues its co-founders, accuses them of 'severe mismanagement' - TL;DR CNBC

Trump Media sues its co-founders, accuses them of 'severe mismanagement'

Publishing timestamp: 2024-04-03 09:17:31


Summary

Donald Trump Media & Technology Group is suing its co-founders, accusing them of failing to get the company off the ground and trying to thwart deals. The lawsuit seeks to bar the co-founders from appointing members to the board or owning shares. The co-founders claim they are owed a significant share of the company's stock. The lawsuit also names DWAC founder Patrick Orlando as a co-defendant.


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Keywords: electionseric trumpdonald trumptrump media & technology group corpdigital world acquisition corppoliticsbusiness newsbreaking news: politics

Source: https://www.cnbc.com/2024/04/02/trump-media-sues-its-co-founders-accuses-them-of-severe-mismanagement.html


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