Truth Social Co-Founders Sue, Say Trump Tried To Dilute Shares

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An estimated $4 billion business merger involving former President Donald Trump’s social media company could hit a major snarl after a lawsuit was filed Wednesday accusing Trump of trying to dilute the co-founders’ shares.Andy Litinsky and Wes Moss, who co-founded Trump’s Truth Social platform, filed a lawsuit in Delaware claiming their previously negotiated 8.6% stake in Trump Media & Technology Group (TMTG ) has been watered down to less than 1%, The Washington Post and CNBC reported.The dispute comes as TMTG eyes a merger with the publicly traded shell company Digital World…



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