Trump Media sues its co-founders, accuses them of 'severe mismanagement'
- Trump Media is suing its co-founders for allegedly failing to launch the company and trying to obstruct the deal.
- After Trump Media went public, the stock surged up to 50%, but plummeted following a $58.2 million loss in 2023.
- Trump Media's lawsuit is seeking damages for alleged breaches of fiduciary duty by the co-founders, who are pushing back with claims of owed stock.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left38Leaning Right14Center49Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
48% Center
L 38%
C 48%
14%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage