When former Parler CEO John Matze was fired from the company, he was stripped of all of his company shares, according to people familiar with his exit.

ILLUSTRATION – 10 January 2021, Berlin: On a mobile phone, the website of the social media platform Parler is displayed. The platform’s logo is on a screen in the background. The social media platform Parler, popular with supporters of US President-elect Donald Trump, could be offline from Sunday night, according to media reports. Previously, internet companies Google and Apple had already banned Parler from their app stores until further notice. Photo: Christophe Gateau/dpa (Photo by Christophe Gateau/picture alliance via Getty Images)