Trump Media Sues Former Apprentice Contestants, Seeks to Reclaim $444 Million Stake

Trump Media & Technology Group filed a lawsuit against two co-founders, Andy Litinsky and Wes Moss, seeking to eliminate their 8.6 million shares in the company worth about $444 million.

Litinsky and Moss were contestants on Trump's show "The Apprentice" and co-founded Trump Media through their company United Atlantic Ventures.

The lawsuit alleges Litinsky and Moss made "reckless and wasteful decisions" that caused significant damage when setting up Trump Media.

Litinsky and Moss previously filed their own lawsuit against Trump, arguing he planned to dilute their stake in the new company.

Trump owns 78.8 million shares in Trump Media worth about $4.1 billion, up $228 million from Monday's closing price.