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Ex-Twitter executives sue Elon Musk for over $128M in severance: report

March 4, 2024
in Business
Reading Time: 5 mins read
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Ex-Twitter executives sue Elon Musk for over 8M in severance: report
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Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in severance, the Wall Street Journal reported Monday.

The other plaintiffs are Ned Segal, Twitter’s former chief financial officer; Vijaya Gadde, its former chief legal officer; and Sean Edgett, its former general counsel, according to the report.

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The executives, who led the company during a lengthy and at times hostile takeover process in which they sued the billionaire to follow through with the acquisition after Musk changed his mind, say Musk fired them citing gross negligence and willful misconduct, which they deny, the WSJ reported.


Former Twitter CEO Parag Agrawal and three other executives sued Elon Musk. Getty Images

Elon Musk
The executives say Musk fired them citing gross negligence and willful misconduct, which they deny. AP

Social media platform X, formerly known as Twitter, did not immediately respond to a Reuters request for comment.

Credit: Source link

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