Fired Twitter Execs Sue For $128 Million In Severance

March 5, 2024 Business, Social Media

Ars Technica reports:

Elon Musk and X Corp. were sued yesterday by four former Twitter executives who say they were cheated out of more than $128 million in severance when Musk bought the social network and fired them.

Former Twitter CEO Parag Agrawal, former CFO Ned Segal, former Chief Legal Officer Vijaya Gadde, and former General Counsel Sean Edgett filed the lawsuit.

“This is the Musk playbook: to keep the money he owes other people, and force them to sue him. Even in defeat, Musk can impose delay, hassle, and expense on others less able to afford it.”

Read the full article. There’s much more.

Elon Musk sued by former Twitter CEO over refusal to pay $57M severance https://t.co/q635YHQ4YL

— Ars Technica (@arstechnica) March 5, 2024