Elon Musk Sued by Former Twitter Execs over Severance
The four executives were fired hours after Musk took control of the company now called X.
The four executives were fired hours after Musk took control of the company now called X. They say he owes them millions in severance.Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk in a bid to recover more than $128 million (around €118 million) in unpaid severance.
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In a lawsuit filed on Monday in San Francisco federal court, they allege Musk has not paid the severance since he bought the social media company, now called X, more than a year ago.
"Musk doesn't pay his bills, believes the rules don't apply to him, and uses his wealth and power to run roughshod over anyone who disagrees with him," they said in the lawsuit.
Besides Agrawal, the other executives are former Chief Legal Officer Vijaya Gadde and former General Counsel Sean Edgett — all fired hours after Musk took control of Twitter.
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(The above story first appeared on LatestLY on Mar 05, 2024 03:50 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).