Trump Media & Technology Group Sues Co-founders Over Failed Launch and Business Deal Hindrance from fortnite dev launcher 2021 Watch Video
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⏲ Duration: 0:46 👁 View: 60K times ✓ Published: 04-Apr-2024
Description: The Trump Media & Technology Group is taking legal action against co-founders Wesley Moss and Andrew Litinsky in Florida for allegedly not successfully launching the company and trying to hinder a business deal. The lawsuit seeks damages for alleged breaches of duty by Moss, Litinsky, and DWAC founder Patrick Orlando, criticizing their management and decision-making, including a contested merger that led to an SEC investigation. They argue they are entitled to an 8.6% stock share in Trump Media, worth about $601 million, based on a 2021 agreement with Trump Media, which Donald Trump signed.