Trump sues two Trump Media co-founders to nullify their stock.  

 A lawsuit has been filed by Donald Trump against two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform. The lawsuit asserts that the co-founders should be required to give up their interest in the firm since they established it in an unlawful manner.

Following a complaint that was submitted in February by those co-founders, Andy Litinsky and Wes Moss, the lawsuit that was brought by the former president of the United States of America was submitted on March 24 in the state court of Florida. 

The purpose of their lawsuit was to prevent Trump from adopting actions that, according to them, would significantly lower the 8.6% stake that they jointly own in Trump Media businesses. Their legal action was submitted to the Delaware Court of Chancery by the two individuals.

Trump's lawsuit asserts that Litinsky and Moss, who were both contestants on Trump's reality-TV show "The Apprentice," botched an attempt to take Trump Media public several years ago

putting the entire project "on ice" for more than a year and a half. Litinsky and Moss were both contestants on Trump's show.

Additionally, it takes aim at the two individuals in regard to their lawsuit against Trump that was filed in Delaware. It asserts that this lawsuit was one of several attempts that they took to thwart Trump Media's eventually successful strategy to go public. 

 The merger that took place in March between Trump Media and a publicly traded dummy company known as Digital World Acquisition was successful in accomplishing that objective.

Since it first appeared on the public market, shares of Trump Media have been widely volatile. Tuesday's closing price of $51.60, which represents a 6% increase, places the total value of the company at $5.9 billion.

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