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  • Truth Social 'Scam

    From JAB@21:1/5 to All on Wed Apr 3 07:40:51 2024
    Mary Trump Raises Alarms About Truth Social 'Scam'
    =====================

    Trump Sues Truth Social Company Co-Founders to Zero Them Out

    He claims they bungled their duties, forfeiting their stock
    Trump Media shares plunged less than a week after going public

    Donald Trump has sued two co-founders of his newly public Trump Media
    & Technology Group Corp., claiming they set the company up improperly
    and shouldn't get any stock in it.

    In the latest legal skirmish over who gets how much of the hot but
    flailing meme stock, Trump alleges that Andy Litinsky and Wes Moss
    violated an agreement about the setup and don't deserve their 8.6%
    stake, currently valued at $606 million.

    https://news.bloomberglaw.com/litigation/trump-sues-co-founders-of-truth-social-media-company-over-shares

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Wed Apr 3 14:57:34 2024
    On Wed, 3 Apr 2024, JAB wrote:

    Mary Trump Raises Alarms About Truth Social 'Scam'
    =====================

    Trump Sues Truth Social Company Co-Founders to Zero Them Out

    He claims they bungled their duties, forfeiting their stock
    Trump Media shares plunged less than a week after going public

    Donald Trump has sued two co-founders of his newly public Trump Media
    & Technology Group Corp., claiming they set the company up improperly
    and shouldn't get any stock in it.

    In the latest legal skirmish over who gets how much of the hot but
    flailing meme stock, Trump alleges that Andy Litinsky and Wes Moss
    violated an agreement about the setup and don't deserve their 8.6%
    stake, currently valued at $606 million.

    https://news.bloomberglaw.com/litigation/trump-sues-co-founders-of-truth-social-media-company-over-shares

    The immortal leader of the white race aside, I find this american culture
    of doing business in courts absolutely fascinating!

    I follow the more outdated school of providing customer value myself, but
    from a cultural point of view, very interesting. ;)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to nospam@example.net on Wed Apr 3 11:10:26 2024
    On Wed, 3 Apr 2024 14:57:34 +0200, D <nospam@example.net> wrote:

    The immortal leader of the white race aside, I find this american culture
    of doing business in courts absolutely fascinating!

    I believe in UK, if a person brings forth a civil case and loses, they
    will pick up the tab on all court costs.

    In US, I don't recall if this is true, but I do know in some court
    cases, this is true.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Wed Apr 3 22:18:49 2024
    On Wed, 3 Apr 2024, JAB wrote:

    On Wed, 3 Apr 2024 14:57:34 +0200, D <nospam@example.net> wrote:

    The immortal leader of the white race aside, I find this american culture
    of doing business in courts absolutely fascinating!

    I believe in UK, if a person brings forth a civil case and loses, they
    will pick up the tab on all court costs.

    In US, I don't recall if this is true, but I do know in some court
    cases, this is true.

    In sweden this is true as well unless you go to a special court for
    minor disputes where they have a maximum limit on the damages which may be imposed.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)