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Trump Media faced internal lawsuits involving its cofounders, who claimed ownership dilution, leading to counter-lawsuits from Trump Media alleging performance failures

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After the merger was completed, the turmoil continued: two Trump Media cofounders sued the company, alleging it diluted their ownership stakes, prompting Trump Media to counter sue, claiming the cofounders had “failed spectacularly at every turn.” And Trump Media was forced to change auditors after the SEC charged its accountant, BF Borgers, with “massive fraud” involving more than 250 clients (Borgers agreed to pay a $12 million fine and an industry ban).

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