Trump Media Sues Co-Founders Seeking Share Forfeiture Over Alleged Company Damage

Trump Media & Technology Group filed a lawsuit against co-founders Wesley Moss and Andrew Litinsky, seeking to force them to forfeit their shares in the company
The lawsuit alleges Moss and Litinsky "failed spectacularly" as leaders and caused "significant damage" to the company
Trump Media asked the court to declare that Moss and Litinsky have no right to appoint board members and to award damages
Moss and Litinsky's company United Atlantic Ventures owns 5.5% of Trump Media worth around $388 million
Trump Media's stock price has been volatile since trading began, with Trump's stake currently worth over $4 billion