A Delaware judge ruled that Trump Media & Technology Group (TMTG) breached an agreement with investor ARC Global and must grant the investor a larger share of its stock. The ruling comes just days before insiders, including Donald Trump, are allowed to start selling their shares in the company behind Truth Social.
Trump Media breached an agreement with one of the investors that helped the company go public, and must grant the investor a larger share of its stock, a judge ruled. The order in Delaware Chancery Court on Monday came just three days before the investor, ARC Global, and other insiders — including majority-owner Donald Trump — will be free to start selling their shares in the company behind Truth Social . If those insiders opt to cash out their stakes, they could be in line for a major pay day.
as “meritless” diversions. ARC bought Class B shares of
Trump Media TMTG Truth Social Stock Market Investment ARC Global
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