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Diogenes of Sinope

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Diogenes of Sinope

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Wednesday, 04/03/2024 8:14:41 AM

Wednesday, April 03, 2024 8:14:41 AM

Post# of 15761
TRUMP SUES TRUTH SOCIAL CO-FOUNDERS, SAYS THEY’RE NOT ENTITLED TO STOCK SHARES

Moss and Litinsky sued Trump's company in Delaware Chancery Court in February, alleging that he was trying to dilute their shares by increasing the total number of authorized shares in the firm from 120 million to 1 billion.

Trump Media shares started trading March 26, and at one point the stock price exceeded $79. It has since fallen, closing at $51.60 on Tuesday. The decline came after the company reported a net loss of $58.2 million on revenue of $4.1 million in 2023.


https://www.nbcnews.com/news/amp/rcna146106
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