Republican presidential candidate Donald Trump is scheduled to be deposed later this month by lawyers for co-founders of his social media company as part of a dispute over ownership in Trump Media & Technology Group which went public last week. They said in 2021 they were pledged 8.6% of pre-merger Trump Media stock for helping to launch the company. Trump Media sued Litinsky and Moss in Florida on March 24, and is seeking to strip them of their stock, which it said they failed to earn due to mismanagement. Trump owned 90% of the social media company prior to its merger last month with a blank check firm that took the company public. In midday trade on Thursday, Trump Media was down 4.2% at $46.70, valuing the company at more than $6 billion.

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Persons: Donald Trump, Christopher Clark, Andy Litinsky, Wes Moss, Litinsky, Sam Glasscock, Trump Organizations: Trump Media & Technology Group, Delaware's, Chancery, Trump Media, Trump, United Atlantic Ventures Locations: New York, Moss, Florida, Delaware, Washington, Georgia