CNN —A former executive at Donald Trump’s media company claims the former President retaliated against a board member who refused to give Melania Trump shares of the company, according to a report from The Washington Post.
Wilkerson told the Post that Litinsky believes his ouster was retribution for his failure to cede his shares to Melania Trump.
Wilkerson told the Post that Trump refused to put any of his own money into the company despite demanding to own 90% of its shares.
A liquidation would have also threatened the additional $1 billion the Trump media company has raised.
Digital World shares fell 8% on Monday to $16.11, leaving them down nearly 70% so far this year.