Trump Media settles legal dispute with firm's co-founders

2 weeks ago 12

Trump Media said connected Tuesday that it had reached an "amicable settlement" of a legal dispute with the co-founders of the societal media company, which operates the Truth Social app.

Trump Media did not supply details of that colony with United Atlantic Ventures, the concern of Trump Media's co-founders, Andy Litinsky and Wes Moss.

Litinksy and Moss were contestants connected President Donald Trump's tv show, "The Apprentice."

UAV sued Trump Media successful February 2024 successful Delaware Chancery Court, accusing Trump of attempting to "drastically dilute" the worth of banal shares the co-founders held successful the company.

The men initially pitched Trump the thought of creating Trump Media successful February 2021, wrong weeks of Trump leaving the White House astatine the extremity of his archetypal term.

Shares of Trump Media commercialized connected the NASDAQ nether the DJT ticker.

This is breaking news. Please refresh for updates.

Read Entire Article