![Angered, Donald Trump sues his Truth Social co-founders!](https://cdn.buminteractif.com/2024/04/1-Donald-Trump-GettyImages-2133662280-1.jpg)
Co-founders of Trump Media & Technology Group
![Co-founders of Trump Media & Technology Group](https://cdn.buminteractif.com/2024/04/2-GettyImages-2110556664-1.jpg)
Former President Donald Trump has filed a lawsuit against Wesley Moss and Andrew Litinsky, his co-founders of Trump Media & Technology Group, the company behind Truth Social.
Mismanagement, according to Trump
![Mismanagement, according to Trump](https://cdn.buminteractif.com/2024/04/3-Donald-Trump-GettyImages-2112640005-1.jpg)
Trump and his legal team filed suit in civil court in Sarasota County, Florida, arguing that the media company had been mismanaged and launched inefficiently.
Former Apprentice contestants
![Former Apprentice contestants](https://cdn.buminteractif.com/2024/04/4-Truth-social-GettyImages-2111709254-1.jpg)
Moss and Litinsky, former contestants on Trump’s reality show The Apprentice, played a crucial role in the creation of Truth Social, the social network launched by Trump himself after being banned from Twitter following the Capitol Hill attack in January 2021.
Costly delays, according to Trump
![Costly delays, according to Trump](https://cdn.buminteractif.com/2024/04/5-Donald-Trump-GettyImages-2105324938-1.jpg)
In his complaint, Trump claims that the two co-founders made several mistakes that led to costly delays and mismanagement of the company’s IPO.
Trump wants to cancel their shares
![Trump wants to cancel their shares](https://cdn.buminteractif.com/2024/04/6-Donald-Trump-GettyImages-2133982482-1.jpg)
He therefore seeks to cancel their shares, accusing them of having blatantly failed to perform their duties and mismanaged the operation in various ways.
Moss and Litinsky have their own lawsuit against Trump
![Moss and Litinsky have their own lawsuit against Trump](https://cdn.buminteractif.com/2024/04/7-GettyImages-2112608342-1.jpg)
Moss and Litinsky have initiated their own lawsuit in Delaware court, alleging that Trump sought to reduce the value of their shares by significantly increasing the number of authorized shares within the company.
Trump Media & Technology Group goes public
![Trump Media & Technology Group goes public](https://cdn.buminteractif.com/2024/04/8-GettyImages-2126126964-1.jpg)
Trump Media & Technology Group became a publicly traded company following its merger with Digital World Acquisition Corp.
Unstable shares
![Unstable shares](https://cdn.buminteractif.com/2024/04/9-Donald-Trump-GettyImages-1860796807-1.jpg)
Trump Media shares were also volatile, reflecting the turmoil within the company.
A multimillion-dollar loss
![A multimillion-dollar loss](https://cdn.buminteractif.com/2024/04/10-Trump-GettyImages-2112642645-1.jpg)
Reports indicate a loss of $58.2 million and income of $4.1 million for the year 2023.