The lawsuit aims to prevent Wesley Moss and Andrew Litinsky from appointing members to the board or owning shares in Trump Media. The co-founders are accused of failing to launch the company successfully and attempting to hinder its progress.
The lawsuit in Sarasota County, Florida, civil court seeks to bar Wesley Moss and Andrew Litinsky from appointing members to the company's board — or owning any of its shares. The public is suing its co-founders, accusing them of failing "spectacularly" to get the company off the ground and then trying to "thwart the deal." Co-founders Wesley Moss and Andrew Litinsky claim that a 2021 agreement that Trump signed with a company they founded, United Atlantic Ventures , LLC, guarantees them an 8.
6% share of Trump Media's total stock, undiluted by the issuance of new shares
Lawsuit Co-Founders Trump Media Board Shares United Atlantic Ventures
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