Overview

• Delaware Vice Chancellor Morgan Zurn ruled against fast-tracking specific legal claims in a lawsuit filed by Trump Media cofounders.
• The lawsuit alleges attempts to dilute cofounders' shares during a merger and imposed restrictions on share sales.
• Defense assurances mitigated concerns about share dilution, but a lock-up provision remains contested.
• A related Florida lawsuit challenges the cofounders' rights to board appointments and share ownership.
• The Delaware judge expressed hesitance to fast-track the case, despite arguments over urgent legal implications.