Former Twitter execs sue Musk
Financial Express Mumbai|March 06, 2024
FOUR EX-TWITTER EXECUTIVES, including former chief executive officer Parag Agrawal, sued Elon Musk for allegedly stiffing them on more than $128 million in severance payments after they were ousted from the company.
JEF FEELEY KURT WAGNER

The former top officials said Musk showed "special ire" toward them after he took over the social media platform in 2022, publicly vowing to withhold their severance to recoup about $200 million from the $44-billion deal, according to a lawsuit filed on Monday in federal court in California.

Twitter, which Musk renamed X, has been accused in multiple suits of numerous labour and workplace violations, including failing to pay severance to thousands of workers laid off in the months after the takeover. The company also was accused in a raft of suits of failing to pay millions owed to vendors and landlords while purportedly trying to stay financially solvent.

This story is from the March 06, 2024 edition of Financial Express Mumbai.

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This story is from the March 06, 2024 edition of Financial Express Mumbai.

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