Former Truth Social Exec Sues to Block Merger, Disputes Payout Share
• Former exec of blank-check company acquiring Trump's Truth Social sues to block deal, seeking larger payout • Patrick Orlando's firm claims it's being short-changed shares it should receive once merger closes • Lawsuit follows warning deal could be delayed and comes amid disputes over share conversion ratio • SEC cleared Trump company to complete merger with blank-check firm, deal could value company at $10B • Blank-check company has faced investigations and penalties over merger deal with Trump company