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 😳Former President Donald Trump was accused in a lawsuit of trying to “drastically dilute” the value of stock shares in his social media company.
🤖United Atlantic Ventures alleges that Trump Media & Technology Group engaged in “wrongful 11th hour … maneuvering” to dilute UAV’s minority stake in the media company.
🫥The Delaware Chancery Court lawsuit comes in advance of a planned merger of TMTG with a shell company called Digital World Acquisition Corp.
😶‍🌫️The merger could deliver billions of dollars to Trump, a potential lifeline as he faces more than $500 million in civil judgments in New York.
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