Trump Judge Denies Sanction Bid by Truth Social Co-Founders

Aug. 27, 2024, 3:58 PM UTC

The co-founders of Donald Trump’s social-media startup lost a bid to have a Delaware judge impose financial sanctions on the former president and his lawyers for alleged misconduct in a suit over the value of their shares.

Andy Litinsky and Wes Moss, who hold an 8.6% stake in Trump Media & Technology Group Corp., argued sanctions were warranted because Trump and his team allegedly violated a court order in Delaware by filing a separate suit against them in Florida. On Tuesday, Delaware Chancery Court Judge Morgan Zurn disagreed.

At a hearing in Wilmington, the judge said the court ...

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