Trump Sues Truth Social Cofounders Over Company Management Disputes

• Trump sues Truth Social co-founders Moss and Litinsky, says they mismanaged the platform and shouldn't get company stock • Lawsuit alleges Moss and Litinsky failed to establish governance and find a SPAC to take Truth Social public • Trump has majority stake in Truth Social after recent merger with Digital World Acquisition Corp • Moss and Litinsky previously sued Trump's company over share dilution from 120M to 1B authorized shares • Truth Social shares spiked after launch but have fallen recently amid $58M net loss on $4M revenue