Trump Media Takes Legal Action Against Co-Founders Over Share Elimination

Tuesday, 2 April 2024, 22:23

Trump Media & Technology Group, led by former President Donald Trump, has filed a lawsuit against two co-founders in an attempt to remove their stakes from the company. This legal battle highlights internal conflicts within the Truth Social owner and could impact the ownership structure of the multi-billion dollar organization. The move to eliminate shares signifies a significant power struggle within Trump Media.
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Trump Media Takes Legal Action Against Co-Founders Over Share Elimination

Trump Media's Legal Battle

Trump Media & Technology Group, the owner of Truth Social controlled by former President Donald Trump, has taken legal action against two co-founders by suing them to eliminate their stakes in the company.

Internal Conflicts Revealed

This recent lawsuit sheds light on the internal conflicts within the Truth Social owner, indicating a struggle for control and ownership within the multi-billion dollar entity.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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