Trump Media Co-Founders Sue Trump

[Callisto]

Former 'apprentices' and Trump Media cofounders file lawsuit claiming
company execs tried to dilute their stake ahead of a potential merger
Business Insider

Two cofounders of former President Donald Trump's media company have filed a lawsuit claiming executives at the company schemed to deprive them of shares that could be worth hundreds of millions of dollars ahead of a possible merger.​

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The new lawsuit claims that Trump and other leaders sought to increase the amount of authorized stock from 120 million shares to 1 billion shares, which would reduce Litinsky and Moss' stake to less than 1% ahead of the merger, the report said. According to a Securities and Exchange Commission filing from Digital World, Trump's shares would be worth more than $3 billion after the merger at Thursday's stock price, while UAV's stake would be worth nearly $300 million.​

 

[Subduction Zone]

Sounds like Trump. He can be such a cheap idiot at times. The good news about this is that it will likely delay the merger at a time when Trump is desperately in need of money. If he had more than half of a brain he would immediately settle with these two.