1 month ago

News Trending News

How defended Trump after Truth social stock plummeted

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
..

.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.
..
.
.
.
.
.
.
.
.
.
...
.

..
.
.
.
.
.
.
.
.
.
.
.

.
.
..
.

.
.
.
.

Truth Social owner Trump Media sues two former ‘Apprentices,’ seeking to wipe out their shares
By Matt Egan, CNN
2 minute read
Updated 8:55 PM EDT, Tue April 2, 2024

Trump posts Fox News clip to his social media. Expert thinks it violates gag order
02:08 - Source: CNN
CNN
—
Trump Media & Technology Group, the Truth Social owner controlled by former President Donald Trump, recently filed a lawsuit against two of its co-founders seeking to eliminate their stakes in the multi-billion dollar company.

The lawsuit marks the latest twist in the legal saga surrounding the quest to bring Trump Media and Truth Social public — a deal that has spiked Trump’s net worth and created a frenzy on Wall Street.

Trump Media filed a lawsuit on March 24 in Florida state court against Andy Litinsky and Wes Moss, two co-founders of Trump Media who were also contestants on Trump’s NBC show “The Apprentice.” That lawsuit alleges they made a series of “reckless and wasteful decisions” when they tried to set up the company that caused significant damage.

“Moss and Litinsky failed spectacularly at every turn,” the lawsuit said.

Lawyers representing United Atlantic Ventures — the company through which Litinsky and Moss do business — declined to comment.

***Fair Use Disclaimer: =
This channel may use some copyrighted materials without specific authorization of the owner but contents used here falls under the “Fair Use” as described in The Copyright Act 2000 Law No. 28 of the year 2000 of Bangladesh under Chapter 6, Section 36 and Chapter 13 Section 72. According to that law allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

"Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

CNN
BBC
Al zajeera
World news
News
Asia news
Middle east news
Amirica news
Africa news
Russia News

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Russia

Ukraine
Russia ukraine
Russia ukraine war
russia ukraine war news
ukraine russia war news
War news
ukraine russia latest war news l
israel gaza news
gaza israel news
Middle east news
palistine israel news
israel gaza war news
gaza israel war news
palistine israel war news
israel palistine war news
.